Mr ROBERT (Fadden—Assistant Treasurer) (14:59): I thank the member for her question. Just to put to rest any doubt as to the issue at stake, Fairfax has reported that I was invited by the member for Fisher to speak— The SPEAKER: No, the Assistant Treasurer—I've ruled out the second part of the question that relates to it on the basis that it was traducing his character. If the assistant minister wants to refer to the matters that I've ruled out of order, I don't think that's a good idea. I've ruled them out of order quite deliberately as a result of their language and because of the improper motives that are implied. Mr ROBERT: Thank you, Mr Speaker. This is the government that instituted the royal commission. This is the government that put the royal commission into place. Let me give some perspective to those opposite. I did all of the post-GFC banking inquiries. I did the Ripoll inquiry into post FOFA. On all of those areas, in all of those issues, not once did those opposite raise this issue. In fact, 34 days before this government was elected in 2013, the Leader of the Opposition made the point that our banks were well regulated and well structured, six years after the GFC, after $60 billion or $70 billion was wiped off the balance sheets of individual Australians, as we saw through all of the post-GFC bank inquiries—and those opposite did nothing. They did nothing on the other side. Yet what this government has done is legion. Even last week we saw penalties being increased 500 per cent in terms of criminal penalties and 400 per cent in terms of civil penalties, and Labor wanted to vote against that. For six years— Ms O'Neil interjecting— The SPEAKER: Member for Hotham! Mr ROBERT: those opposite dealt with the post-GFC banking inquiries and didn't move once when it came to penalties—not a single time when it came to penalties. Well, this government is acting. Ms O'Neil interjecting— The SPEAKER: The member for Hotham is now warned. Mr ROBERT: Penalties have now increased tenfold for corporations, and criminal penalties fivefold, for those who are seeking to defraud Australian people, corporations and small businesses. Ms O'Neil interjecting— The SPEAKER: The member for Hotham has been warned. Mr ROBERT: That's what this government is doing. We're acting. We're not sitting back and doing nothing. This government instituted the royal commission. Those opposite, after the GFC, simply put a parliamentary inquiry in place. So, if those opposite want to look at what they did after the GFC compared to what this government has done, bring it on, I say. Bring on what we have done on this side in dealing with the phenomenal issues we've seen, the malfeasance we've seen. Bring it on! If those opposite want to talk about superannuation, let's have a discussion about protecting your super, where we want to save, right now, five million Australians from being overcharged on insurance, and those opposite aren't supporting us. There are 2.4 million Australians with two super accounts paying two lots of insurance. There are 44,000 Australians with five super accounts paying five lots of insurance. Why don't those opposite stop posturing and come and join us in helping to protect vulnerable Australians?