Mr TURNBULL (Wentworth—Prime Minister) (14:31): Mr Speaker, I will invite the Treasurer to respond to this, but I just remind the Leader of the Opposition of this: the Leader of the Opposition claims to be responding to the concerns of Australians who have lost money when they have been given bad advice— Mr Mitchell interjecting— The SPEAKER: The member for McEwen has been warned. Mr TURNBULL: or they have been treated unfairly by banks and financial institutions. What does a royal commission do to help them? Years and years, hundreds of millions of dollars in legal expenses, and at the end of that is written a report—not one dollar of compensation, not one measure of redress. The honourable member's call for a royal commission into the banks is nothing more than a political exercise which will do nothing to resolve the needs, the concerns, of people who have been treated unfairly. I invite the Treasurer to add to my remarks.