The Liberal Party's Opposition to a Royal Commission

Liberal Party was broadly opposed to a royal commission. So in the same sex marriage bill goes through, they say, okay, let's have a commission of inquiry into banking. And so pressure was put on Lou O'Brien, who was the National Party. It was his first year in politics. Wacker rang him up and said, muscle up Lou, you're going to get this,. You're going to cross the floor, and we're going to getting this. The banks thought, okay, if we get a commission of Inquiry, which is just as powerful as a royal commission - only difference is it reports to parliament whereas a royal commission reports to government. They wanted three years.