I do not understand why the bank charges fees more than double what the credit union charges - not justified!
About time!
C'mon everything they ever did was in the best interests of the shareholders, marshmallows anyone?
If we don't see prison sentences as a result of the commission then they will continue to do the same, only this time they will be more careful and hide their tracks
9NewsMelb Hit them with both barrels commissioner, Australians have had a enough of corporate greed and profit at any cost, any cost.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vic informant royal commission head named - 9NewsA former Queensland judge and a former South Australian Police Commissioner will head a Victorian royal commission into the police informer scandal.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Imperfect bank regulators 'doing our jobs' - 9NewsAustralia's financial regulators admit they are not perfect but maintain they have done their jobs, following scathing criticism from the banking royal commission. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Bank legal action gets funding windfall - 9NewsAustralia's courts will be better able to hold banks accountable for misconduct, such as the shocking cases exposed by the banking royal commission, under a $51.5 million funding boost. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Bank robbery shootout in Brazil kills 14 - 9NewsA shootout between police and bank robbers attempting to blow up ATMs has killed 14 people, including six hostages. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »
What the bank bosses had to say at the royal commission, in language you can understandThe royal commission tried to cut through the apologies and the corporate jargon to get to the heart of what went wrong at Australia's biggest banks. Here are the major lowlights of the inquiry, simplified. I hope some of these parasites experience a decent chunk of jail time. They are worse than common thieves. As the song said: Some are gonna rob you with a gun, Others do it with a fountain pen. At least they need to be banned for life from holding senior executive roles. At the end of the bankingRC .... not a single executive will be jailed .... sad They were saying: Fu...k off.
Source: abcnews - 🏆 5. / 83 Read more »
Live: Banking royal commission hears from big bank bossesThe Commonwealth Bank's chief executive and chairman will be the first bosses to take the stand as the banking royal commission questions the culture and governance of Australia's financial institutions. Unless you jail some Bankers it’s a waste of time I want to know why the reserve bank was not included. Their charter says responsible for 100% employment. I am sure those brokers earning $2.5 million dollars are running a business and employing staff. It would be physically impossible for a single broker to write 320 loans a year (based on a min loan size of $1.5m) bankingRC bankingroyalcommission
Source: abcnews - 🏆 5. / 83 Read more »
Bank bosses appear at royal commission | Sky News AustraliaThe CEOs of the big four banks and AMP are among those to come under intense scrutiny at the financial services royal commission's final hearing.\n\nThe final public hearing will look at the causes of misconduct and possible responses, including regulatory reform. If you've noticed that a certain type of offer works best only when mailed, create a whole series of mailers on that topic and mail away.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Big bank bosses to face royal commission grillingThe boss of Australia's largest bank admits it has failed to prevent misconduct and immediately identify, resolve and remediate misconduct when it occurred. 9News And no ones going to jail - if I did this I’d get 25years - bank execs get a bonus
Source: 9NewsAUS - 🏆 10. / 72 Read more »
A right pain: Royal commission shines light on bank-run compoThe royal commission has triggered debate about bank compensation schemes, which critics say are too often opaque, slow, and complex to navigate. Changing community expectations? No, the communities expectations didn't change - the banks thought they could get away with it and they then realised they couldn't. banks r supposed to be reputable institution that we need CWL&Westpac used to be government own As everything else in priv corp greed becomes d motto Bonus is driven by greed Chase $billions profit then most staffs r rewarded in bonuses
Source: smh - 🏆 6. / 80 Read more »
CBA accused of board minutes criminal breachCounsel assisting the royal commission has asked CBA chair Catherine Livingstone if she is aware failing to keep full minutes of a meeting is a criminal offence. Incredible!! I panic when our minimally funded advocacy org has a mistake in the minutes!!! Livingstone is proving beyond any doubt that female quotas won’t work. She is appalling This woman is the Typhoid Mary of listed AUS companies-1st Telstra, now CBA & ASIC, APRA, Fairfax & News all gave her a pass A real feather in the cap for the elites!
Source: smh - 🏆 6. / 80 Read more »