Impact of the Banking Royal Commission

Feb 13, 2019

Q. Following a fourteen-month investigation, the Banking Royal Commission released its findings and recommendations regarding changes to the financial sector this week. Based on what you have heard, do you think the Royal Commission…

Total Male Female 18-34 35-54 55+
Will lead to significant changes to the way banks operate 28% 30% 27% 29% 29% 27%
Will lead to minor changes to the way banks operate 47% 47% 47% 51% 40% 50%
Will make no real difference to the way banks operate 25% 23% 27% 20% 31% 23%

A quarter of people do not think the Banking Royal Commission will make a real difference to the way banks will operate (25%) and just under half (47%), think it will only lead to minor changes.

People aged 35-54 were most likely to believe there will be no difference to the way banks operate (31%).

There was no difference between men and women regarding the anticipated impact of the Royal Commission.

Total Labor Liberal + National Greens NET: Other
Will lead to significant changes to the way banks operate 28% 32% 31% 18% 23%
Will lead to minor changes to the way banks operate 47% 45% 55% 53% 41%
Will make no real difference to the way banks operate 25% 23% 14% 29% 37%

People who indent to votes for smaller parties (One Nation, Australian Conservatives) and Independent candidates are most likely to think there will be no change as a result of the Royal Commission (37%).