Letter to prime minister calls for inquiry extension, victim compensation and apology from Coalition
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Labor has demanded the government establish a compensation scheme for victims of banking misconduct, as Turnbull government ministers struggle to deal with the fallout of the royal commission’s revelations after just two weeks of hearings.

In a letter to Malcolm Turnbull, written just hours after the financial services minister, Kelly O’Dwyer, repeatedly refused to acknowledge the government was wrong to delay calling a royal commission Bill Shorten said an extension for the inquiry, an apology and compensation scheme were the “least the government can do”.

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Read More Banking royal commission: Labor asks Turnbull for compensation scheme

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