Banking Royal Commission final report to be released 4 February

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The final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry – commonly referred to as the Banking Royal Commission – will be publicly released late on Monday 4 February 2019, the Government has announced.

The report is set to be given to the Government on Friday 1 February.

The timing of the public release of the report, 4.10 pm on Monday, is after the close of trading on the ASX.

Treasurer Josh Frydenberg will hold a press conference following the release of the final report. Though it is unclear to what extent the Government will be in a position to formally respond to the recommendations.

Update: Prime Minister Scott Morrison told ABC’s 7.30 that the Treasurer would deliver “interim” responses to the recommendations on Monday.

Earlier in January, Treasurer Frydenberg said the Government was waiting on the Banking Royal Commission report before finalising the response to the Productivity Commission’s report into efficiency and competitiveness in the super system.

Shadow Treasurer Chris Bowen had called on the Government to release the Banking Royal Commission report as soon as practicable after it was received.

The Government had released the interim report of the Royal Commission on the Friday before a long weekend with two grand finals.

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