Morrison awaits final bank inquiry report
Prime Minister Scott Morrison says it's the government's intention "in principle" to implement all of the recommendations from the banking royal commission.
But Mr Morrison says he'll wait until he sees the report being making a decision.
The final report will be made public on Monday afternoon following the close of trading on the Australian Securities Exchange.
The federal government will get the report on Friday, before Treasurer Josh Frydenberg releases the findings on Monday at 4.10pm.
Mr Morrison says the timing of the report's release will prevent "unnecessary shock" to the financial system.
The prime minister also commended royal commissioner Kenneth Hayne QC for finalising the report within the given time frame.
"He has also been very mindful, I think, of the impact of this royal commission on the financial system," Mr Morrison told ABC's 7.30 program on Tuesday.
"And I think he's been very careful not to exacerbate problems, particularly around credit restrictions.
"It's important we ensure stability on how we respond to this report, and making sure the economy can continue to kick along without any unnecessary shocks."
The inquiry into banking, superannuation and financial services uncovered shocking misconduct, with Mr Hayne releasing a scathing interim report in September.
Share a tip-off, video or photo with us
Most viewed in Australia
Hastie rules out legal action against Hanson as bitter war of words escalates
‘Not one phone call, letter… nothing’: Family’s distress over huge ‘redevelopment’ project at famous Perth cemetery
Man clings to ‘getaway’ Mercedes in drama in Melbourne car park
Boxing coach’s shooting death not linked to gang feud, but police probe bikie links