I don’t think anything will change until we alter the system significantly and, quite frankly, ASIC, when they find a criminal breach, instead of their automatic response being to negotiate a settlement, they should be prosecuting banks and in fact laying criminal charges where it makes sense. And where someone has broken the law they should go to jail. That’s the only way bankers will learn.
Read MoreWe are at 48% female representation, something I'm exceedingly proud of, the Liberals around 20% and that goes to the culture of their organisation and the culture of bullying and intimidation that we saw on display last week where some blokes in the Dutton camp were clearly running around threatening preselections forcing people to sign petitions.
Read MorePAUL BEVAN: Pat Conroy, Thanks for joining us. PAT CONROY: Afternoon Paul. BEVAN: I can just hear you over the sounds in the background (plays recording of cork popping and celebrations). The party's underway? CONROY: No, sadly it isn't. It's just a gross embarrassment for the nation and the scenes today in Parliament when the Liberals adjourned the House early and we forced a vote on it... the Parliament had so much to do. Just to gi...
Read MoreCONROY: Well, we've been positive about the NEG. We recognise that we do need a framework that is bipartisan in nature. We can have disagreements about targets. As long as there is a bipartisan agreement about the framework, that will help reduce uncertainty in the energy sector and lead to greater investment that will over the long-term reduce power prices. But this Government keeps moving the goalposts, so it is hard to sign up to a NEG when...
Read MoreWell, we've been positive about the NEG. We recognise that we do need a framework that is bipartisan in nature. We can have disagreements about targets. As long as there is a bipartisan agreement about the framework, that will help reduce uncertainty in the energy sector and lead to greater investment that will over the long-term reduce power prices. But this Government keeps moving the goalposts, so it is hard to sign up to a NEG when we don'...
Read MoreGARTH RUSSELL (PRESENTER): Well the Government's back bench on Energy, last night, endorsed the Coalitions plan for a National Energy Guarantee or NEG, as has been coined the phrase, after a two hour cabinet briefing. Now this is a positive sign for the Prime Minister ahead of the party rooms meeting today. 7 committee members voted in favour of the policy and former Prime Minister, Tony Abbott voted against it. With it likely that NEG will be...
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