Banking royal commission: Coalition too slow to act, Mallee independent says

Former Yarriambiack Shire mayor Ray Kingston is running as an independent candidate for Mallee.
Former Yarriambiack Shire mayor Ray Kingston is running as an independent candidate for Mallee.

INDEPENDENT Mallee federal election candidate Ray Kingston says the Coalition should have moved sooner to call the Financial Services Royal Commission.

After the bad behaviour of banks was brought to light in last week’s final report, Mr Kingston said the far-reaching nature of the misconduct was “alarming”.

He said he was surprised the Federal Government had initially given such strong resistance to an inquiry.

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