Drop deadens Hayne finale
The deferral of the release of the final report of the Royal Commission into misconduct in banking until late Monday afternoon next week won't help any banks or investors or a government losing its cool in the countdown to Australia's upcoming election.The final report will be publicly released at 4.10pm on Monday, "following the close of trading on the ASX," the treasurer, Josh Frydenberg, said yesterday.A lock-up from 1.00pm on Monday 4 in Canberra "for relevant stakeholders and media" caters to demand and the interests of the Morrison government in shaping reporting.The three morning news cycles between the delivery of Kenneth Hayne's final report on Friday and the late Monday release look certain to be exploited with "drops" on favoured reporters from the press gallery.