November 30, 2017 
For years, Australians have been screaming for a royal commission into the banking and finance sector and now they have one they are welcoming it with open arms – and a healthy dose of scepticism and humour.
The royal commission is serious business, and the stories of those who have been blighted by poor banking practices, shonky financial advice and all-round rorting are not to be mocked.
However, Australians are known for dealing with these situations with gusto and a sense of humour, and in what may be part of a collective sigh of relief, these Twitter reactions to this morning’s announcement are priceless.
So @TurnbullMalcolm claims that not having a #BanksRC is in the interests of the economy. If he gave a crap about the economy, he would do something about #inequality and flatlining wages during increasing corporate profits. If people can’t spend, the handbrake is on.#Auspol
— Bridget Clinch (@CaptainBridget) November 29, 2017
Today is a massive win for Chris Kenny, an advocate of kinda maybe having a Royal Commission into banks from way back on November 28th. pic.twitter.com/m34dOfCBA0
— Kenny Devine (@TheKennyDevine) November 29, 2017
Banks: We don’t want a royal commission.
Government: Royal commissions are terrible. No royal commission.
Banks: Ok, now we want a royal commission.
Government: Royal commissions for everyone!!! YOU get a commission, YOU get a commission…#auspol pic.twitter.com/XtxUirb7VK— Trent Pardey (@TrentPardey) November 29, 2017
The awkward moment when you are bashing bill shorten when implementing a labor policy. Again great backbone Malcolm #auspol #BanksRC
— AJEM (@paraboliclimit) November 29, 2017
Turnbull ????will release the Terms of Reference for Banking Royal Commission as soon as the bank bosses have finished drafting it????#auspol pic.twitter.com/TOg8K99vN2
— ian lisser (@ianlisser) November 30, 2017
I can sense the email deletions and document shreddings from here like disturbances in the force #auspol #BanksRC
— Morgan (@MorganBull) November 29, 2017
Well done @TurnbullMalcolm on the Royal Commission. True (and strong) Leadership again on show. Now all you’ve got to do is fix the terms of reference so it doesn’t find anything. Genius!#auspol #BanksRC
— TonyB (@TonyB_Melb) November 29, 2017
#BREAKING The Prime Minister announces a royal commission into the financial services industry after leaders of the big four banks call for one to remove ‘political uncertainty’ #auspol @SkyNewsAust pic.twitter.com/Chuz6rGxkq
— Amy Greenbank (@Amy_Greenbank) November 29, 2017
Yesterday a banking royal commission was going to lead to instability in the Australian economy… Today a RC is required to provide that stability?? #auspol #royalcommission
— Julia Holman (@JulesHolman) November 29, 2017
TFW one has no choice but to backflip on a banking royal commission #auspol #BanksRC pic.twitter.com/yM8pvGTkz7
— Alicia Clancy (@clancyal) November 29, 2017
What was your reaction to the announcement of a banking royal commission? Why not share it and we’ll choose the best for publication?
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Super cruelled by banks’ tactics
Turnbull backflips on banking probe
The letter that started it all
Industry leaders have their say
The political perspective
Watch the PM’s spin on RC backflip
Have your say on the royal commission
Pollies, pundits and the media respond
