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Latest / Politics with Michelle Grattan

Peter Whish-Wilson on his experience in banking and the need for a royal commission

The global scandal surrounding the release of the Panama papers and Malcolm Turnbull’s criticism of Australian banks have put the spotlight on the often murky world of banking and finance. Greens' finance spokesman Peter Whish-Wilson, who had a pre-parliamentary career on Wall Street, tells Michelle Grattan one reason he walked away from the banking industry was because of its culture.

“You’re only as good as your last sale. I think the culture of any organisation starts at the top and the way they incentivise their employees – from the CEO down – is the root cause of the problem,” he says…

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