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Banks narrowly avoid parliamentary inquiry

Australian banks have narrowly dodged the possibility of facing a Royal Commission-style inquiry after a Green's Bill to establish a Parliamentary Commission of Inquiry fell short by a single vote in the House of Representatives yesterday.

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Read more: ParliamentBanksLaborHouse of RepresentativesRoyal CommissionSenateParliamentary CommissionBudgetGeorge ChristensenABAGreensBanking inquiryBank tax