Liberal MPs pour cold water on inquiry backed by Frydenberg into bank lending for coal projects

Andrew Bragg and Tim Wilson say inquiry is unnecessary because it’s a legitimate ‘matter for those institutions’ The “modern” Liberals Andrew Bragg and Tim Wilson have brushed off calls from within the government for a fresh inquiry into banks’ decisions to stop lending to coal companies.On Wednesday the treasurer, Josh Frydenberg, signed up to a plan put forward by the Liberal National MP George Christensen to launch an inquiry through the trade and investment growth committee to query how climate change is impacting banks’ lending decisions. Related: Australia's banks are well placed to weather Covid crisis, RBA says Related: Nationals call for ANZ boycott after bank's push for net zero emissions Continue reading...