So what is a Royal Commission, anyway?

Last week Malcolm Turnbull announced: “Cabinet has met this morning and has determined the only way we can give all Australians a greater degree of assurance is a royal commission into misconduct into the financial services industry.” For those interested, we have set out below a short summary of the nature of a Royal Commission. A royal commission is an independent inquiry commissioned by the executive branch of government. The power and limitations of a Royal Commission are set out in the Royal Commission Act 1902. A commission has coercive powers and therefore has the ability to compel witnesses to appear, order the production documents and initiate search warrants. A commission has disci

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