Original article by Adele Ferguson
The Australian Financial Review – Page: 16 : 24-Jun-15

The Federal Government and the Opposition will not support the Australian Greens’ motion for a royal commission into misconduct in the financial services industry. Liberal Democratic Party senator David Leyonhjelm and Family First Party senator Bob Day also oppose a royal commission, although independent senator Nick Xenophon and the National Party’s John Williams will support the motion. IOOF is the latest financial group to embroiled by claims of misconduct.

CORPORATES
AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, FAMILY FIRST PARTY AUSTRALIA LIMITED, NATIONAL PARTY OF AUSTRALIA, IOOF HOLDINGS LIMITED – ASX IFL, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MACQUARIE PRIVATE WEALTH MANAGEMENT PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION