Banking Royal Commission
-
APRA to appear before House Economics Committee
First 5000 | August 6, 2019APRA will appear before the House Economics Committee at a public hearing on Friday, 9 August 2019, as part of its review of the performance and operation of Australia’s banking, insurance and superannuation regulator.
-
Banking Code needs real and meaningful changes: Carnell
First 5000 | February 28, 2019The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell is pleased the Australian Banking Association (ABA) has responded to some of the recommendations from the Banking Royal Commission, but says there is so much more to be actioned.
-
Default Super doesn’t have to be a lottery
First 5000 | February 8, 2019Choosing the wrong MySuper default superannuation product could cost the average worker almost $600,000 by the time they retire.
-
Banking Royal Commission missed opportunity for automotive sector
First 5000 | February 8, 2019The Motor Trades Association of Australia (MTAA) has expressed disappointment with elements of the final report of the Banking and Financial Services Royal Commission impacting some automotive industries.
-
Why you don’t need the banks to help finance your business
Jamie Cunningham | February 6, 2019As the Royal Commission leads to an increase in lending standards and requirements for banks, many businesses will be forced to look outside the Big Four to raise the capital they need.
-
Banking Royal Commission 10% change 90% continue as you were: COSBOA
Peter Strong | February 5, 2019The recommendations of the Banking Royal Commission and government response provide welcome relief for small business owners in that they don’t provide a catalyst for a further tightening of credit and lending practices – with pain already being felt by small to medium businesses in gaining access to credit.
-
Time for banks to show they have actually changed: Carnell
First 5000 | February 4, 2019Responding to the Banking Royal Commission final report, Australian Small Business and Family Enterprise Ombudsman Kate Carnell said it is imperative the Australian Banking Association and its members immediately embrace recommendations.
-
Regulators must act on Royal Commission to protect super fund members
First 5000 | February 4, 2019The Banking Royal Commission report offers an historic opportunity to restore the community’s trust in financial services and prioritise consumer best interests ahead of banking profits and executive bonuses, according to the Australian Institute of Superannuation Trustees.
-
Business welcomes Royal Commission report
First 5000 | February 4, 2019The business community welcomes the final report of the Royal Commission into the Banking, Superannuation and Financial Services Industry, according to the Business Council of Australia.