APRA President, Byers, admits the regulator "could have done a better job"



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"Thank you, Mrs Orr. In my final report, I have of course a more formal opportunity to thank and thank those who have worked so hard to get us to this point of the Commission's work, but it is just that I should say something publicly and say it now. "

Commissioner Kenneth Hayne:

Commissioner Kenneth Hayne: "We will adjourn."Credit:l & # 39; Internet

"I am, of course, particularly grateful to you, Ms. Orr and all badistant counselors, Mr. Hodge, Mr. Dinelli, Ms. Dias, Mr. Costello, Ms. Slider, Mr. Hosking, Ms. Zeleznikow … your work has been and dare I continue to provide immense help.

Mr. Hayne then acknowledged the work of the Australian Government Advisory Team and "the intensity of the work that has been asked to those acting for entities whose behavior has been the subject of an examination"and recognize that" far more often than not, the agents of the entities and agencies concerned have sought to cooperate with the Commission and with the lawyers who have helped them to seek to meet the needs that the Commission has given. "

He thanks people behind the scenes, such as document systems providers, transcripts of proceedings and Helen Lubke, the stenographer. "His skill remains for me a cause of permanent wonderment, his quiet attention to his tasks is a cause of permanent admiration, but I suspect rather that this pbadage of the transcript will be read inaudible on tape", has joked the Commissioner.

"Finally, let me say something to those who usually sit in the back row of the courtroom and those who are in the media room." This is an investigation The proceedings were open to the public and broadcast continuously They were reported and commented on in all forms of media and should have been.

"The Commission has tried to do everything possible to help the media to do their job, but we have done so by making the information available to the general public.

"The Commission did not seek to influence the way in which the media reported. We have no context, we have not provided the media or anyone with any information about the names of the witnesses to be called or the topics covered, except by posting what we have on the site Web. We did not comment on what happened during the evidence. It is up to the media, and the media alone, to decide what their stories will be and what comments, if any, they may choose to make about what the Commission has done. And this, again, is as it should be.

"But it is also fair that I recognize the role the media played in this public inquiry by reporting on the work of the Commission."

With that, he closed the hearing with the usual words: "We will adjourn."

Only this time, the adjournment is indefinite, reads the transcript.

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