Ken Hayne’s banking royal commission shuts big banks out of lockup

The banks have been barred from attending the media lockup ahead of the release of the Hayne report on Monday.

NAB Chairman Ken Henry leaves the Banking Royal Commission in Melbourne in November. David Geraghty/The Australian

The big banks are scratching their heads today after being told by Canberra they will get the final banking royal commission report after the market closes next Monday like the rest of the world.

The banks were hoping they could send representatives to the media lockup on Monday afternoon but as of today that is not possible.

This means the banks will be working through the night to work out any stock market sensitivity to the issues raised in the report.

It is understood industry lobby groups like the Australian Banking Association and the Financial Services Council will be allowed to send representatives to the media lockup.

The banks regularly send economists to the annual budget lockup but on this occasion they will be excluded.

As one bank spokesrson said “it seems no-one likes us.”