BernieRipoll If the enforceability of security on loans is called into question, could be a real issue, theres a reason private settlements are usually pursued
BernieRipoll Thank you so much. You always have different news but unfortunately my English is not that strong enough, so I have effort to make developing it. If you have any suggestions for developing of my English please say something thanks.
SeanBradbery BernieRipoll Long prison sentences and forfeiture of assets by the managers and board are what will make a difference
BernieRipoll this is true but before we can make the banks honest we have to have an honest Govt this will not happen as long as we have a LNP Govt
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Government releases interim report into banking misconduct | Sky News AustraliaTreasurer Josh Frydenberg has released Commissioner Kenneth Hayne's ‘scathing’ interim report into misconduct by the banking and financial sector.\n\nThe Royal Commission has already heard extensive allegations of irresponsible lending, as well as governance failures within the sector.\n\nThe report found many institutions put ‘profits before people’ and disregarded the role of regulators.\n\nThe banks have yet to respond to the findings, with the full report due to be handed down next year.\n\nImage: David Geraghty\u002FNews Corp Australia
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Royal Commissioner hands down interim banking report | Sky News AustraliaCommissioner Kenneth Hayne has delivered his interim report into misconduct by the banking and financial sector to the Governor General.\n\nThe Royal Commission has already heard extensive allegations of irresponsible lending, as well as governance failures within the sector.\n\nThe government is expected to announce the findings on Friday.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Labor calls for banking royal commission extension | Sky News AustraliaLabor is repeating calls for the banking royal commission to be extended to give more time for people to recount their experiences.\n\nDeputy Labor leader Tanya Plibersek says among the 9,000 submissions made to the commission, only 27 people have been able to tell their stories in person.\n\nThe commission's interim report, which is expected to focus on ensuring banks are lending money responsibly, is set to be released on Friday.\n\nImage: Kym Smith \u002F News Corp Australia \n\n\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Government releases interim report into banking misconduct | Sky News AustraliaTreasurer Josh Frydenberg has released Commissioner Kenneth Hayne's ‘scathing’ interim report into misconduct by the banking and financial sector. \n\nThe royal commission has already heard extensive allegations of irresponsible lending and governance failures within the sector. \n\nThe report found many institutions put ‘profits before people’ and disregarded the role of regulators. \n\nThe banks are yet to respond to the findings.\n\nImage: David Geraghty\u002FNews Corp Australia\n\n\n\n FSU_Australia banks have structured regulations to protect their profits . FSU_Australia Unions usually have plenty to say, but we did not hear a squeak for 15 years as their members reaped the goodies from sh*t practices FSU_Australia perhaps?
Source: SkyNewsAust - 🏆 7. / 78 Read more »