Morrison Government: Banking Reforms and M Commitment

morrison government: We have death and devastation at every turn' the flood massacre of Queensland cattle Read more Katter is one of the key crossbench votes Labor needs to recall parliament for two extra sitting weeks in March to discuss banking reforms, according to The Guardian. But Katter has a 200m commitment for water infrastructure from the Morrison government which could be at risk if he joins the insurrection. Scott Morrison confirmed on Wednesday he was working with Bob Katter on the reconstruction of the cattle industry in northern Australia as the independent MP laid out an ambitious series of demands including to abolish two key financial regulators and reduce debt for cattle farmers. The threat to the government receded on Wednesday when Andrew Wilkie who had previously supported an extension of parliament said that so few extra sitting days would not allow time to properly prepare, scrutinise and debate the necessary bills in both houses of parliament . Wilkie told Guardian Australia the change of heart came after a treasury briefing and seeing the Law Council's view. I'm sceptical that adding six days to the parliamentary sitting calendar would achieve any meaningful progress on legislating the bank royal commission recommendations, Wilkie said. It wants banking reforms referred to the Australian Law Reform Commission rather than rushed through in extra sitting weeks. (news.financializer.com). As reported in the news.

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