The CEC has written the Banking System Reform (Separation of Banks) Bill 2019 to separate retail commercial banking activities involving deposits from wholesale and investment banking involving risky activities. It has been introduced into parliament and is currently the subject of a Senate Economics Legislation Committee inquiry. Submissions to the inquiry closed on 12 April 2019 and you can see the published submissions here.
For more details visit the Break up the Banks policy page.
The Senate Committee is currently scheduled to hand down its final report on 13 May 2019, less than a week before the next federal election.
Sen. Jane Hume
(03) 9428 email@example.com
Sen. Chris Ketter
(07) 3881 firstname.lastname@example.org
Sen. Jenny McAllister
(02) 9719 email@example.com
Sen. Arthur Sinodinos
(02) 8289 firstname.lastname@example.org
Sen. Amanda Stoker
(07) 3001 email@example.com
Sen. Peter Whish-Wilson
(03) 6331 firstname.lastname@example.org