Source: Financial Digest (financialdigest.net)
TroyBramston Did he just say we should let the crooks wander around free? What a goose.
TroyBramston Is anyone chasing the regulators? If not, why not? Nothing will improve until ASIC ACCC APRA are cleaned out.
TroyBramston Who suggested that sending the guilty to jail would solve the structural problems. Do commentators on the Right compete in some ‘Who can draw the longest bow’ competition?
TroyBramston TroyBramston comments on this would see him in the right of the LNP, but he would have the company of Bob Hawke
TroyBramston Aww Troy Bramston has blocked me. Poor delicate petal!
TroyBramston What the actual f**k Here's the thing - The VAST majority of the general public WANT jail sentences. How ironic that the channel who screams about the smallest infraction by a migrant, takes this stance with ACTUAL criminals, You're pathetic
TroyBramston Competition didn't exactly stop them in the USA in 2008 did it.
TroyBramston All bull. Just need to put a few middle and senior managers in Jail and ethics will improve immeasurably.
TroyBramston But jail is the appropriate place for crooks, isn’t it?
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Royal commission 'no brainers' can be legislated next week: Bowen | Sky News AustraliaShadow Treasurer Chris Bowen says some of the 76 recommendations stemming from the royal commission into the banking and financial sector can be passed through parliament as early as next week.\n\nThe Coalition says it will carefully assess the report's findings, which included stricter penalties for negligent mortgage brokers and greater oversight of financial advisors.\n\nMr Bowen says the government should look to legislate some of Commissioner's Kenneth Hayne's 'no brainer' recommendations when parliament resumes next week\n\nHe told reporters on Thursday that government should extend the days parliament sits before the election in order to legislate a substantial amount of the commission's recommendations.\n\nParliament is due to sit for ten days prior the next election. Bulldust Bronnie, the Libs are running scared, from the proposed asylum seeker policy from Phelps to Dutton's (and others) breaches of section 44 of the constitution, they don't want to risk doing their day job for fear of what may unfold. You are an affront to decent Australians LiberalAus too scared to do their day job
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Leaked ASIO advice on border bill referred to AFP | Sky News AustraliaA security briefing - reportedly based on ASIO advice - that was leaked to the Home Affairs department, has been referred to the Australian Federal Police. \n\nShadow Treasurer Chris Bowen has condemned the leak stating that the information is 'classified for a reason', with Labor confirming it did not receive the briefing.\n\nHome Affairs Minister Peter Dutton has called on Bill Shorten to oppose proposed laws which would change how medical transfers for asylum seekers in offshore detention are processed. \n\nThe briefing warns that changes to refugee transfers would compromise border protection.\n\nImage: News Corp Australia\n\n\n\n\n\n\n\n Some of us have known this all along. We will be ashamed of our behaviour before too long If the west didn't blow the hell out of these countries, killing innocents, then these people wouldn't of had to leave their ancestral homes. All by design by the powers that shouldn't be no doubt Nobody is stopping them! Oh yes, the bleeding hearts giving them big handouts are! 🤯🤯
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Tempers fray at Labor's franking credit inquiry | Sky News AustraliaA protestor has interrupted a parliamentary committee into Labor's proposed changes to franking credits, labelling the inquiry 'a sham'.\n\nThe move comes after Liberal committee chair Tim Wilson was accused of having a conflict of interest.\n\nLabor MP Matt Thistlethwaite says Mr Wilson is a shareholder in a company that has been leading an inquiry against Labor's franking credits policy, which was not declared during public hearings.\n\nLabor's controversial policy will end excess cash refunds paid to retirees and superannuation funds, and if implemented will net the budget bottom line with $55.7 billion within two years.\n\nThe policy has been vehemently opposed by some self-funded retirees, who claim the move is a 'death tax by stealth.' NOT EVEN THAT AMOUNT WATCH THE SHIT ITS GETUP VOTING
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Royal commission 'no brainers' can be legislated next week: Bowen | Sky News AustraliaShadow Treasurer Chris Bowen says some of the 76 recommendations stemming from the royal commission into the banking and financial sector can be passed through parliament as early as next week.\n\nThe Coalition says it will carefully assess the report's findings, which included stricter penalties for negligent mortgage brokers and greater oversight of financial advisors.\n\nMr Bowen says the government should look to legislate some of Commissioner's Kenneth Hayne's 'no brainer' recommendations when parliament resumes next week\n\nHe told reporters on Thursday that government should extend the days parliament sits before the election in order to legislate a substantial amount of the commission's recommendations.\n\nParliament is due to sit for ten days prior the next election. Bulldust Bronnie, the Libs are running scared, from the proposed asylum seeker policy from Phelps to Dutton's (and others) breaches of section 44 of the constitution, they don't want to risk doing their day job for fear of what may unfold. You are an affront to decent Australians LiberalAus too scared to do their day job
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'No teeth' in banking royal commission recommendations: Creighton | Sky News AustraliaThe banking royal commission report was 'big on rhetoric' but 'had no teeth', says The Australian's economics editor, Adam Creighton.\n\nMr Creighton told Sky News the report was 'scathing', but of the 76 recommendations, forcing upfront payment to mortgage brokers was the only one 'with teeth' and the only measure the government hasn't supported.\n\nNational Australia Bank chief executive Andrew Thorburn and chairman Ken Henry resigned from their posts on Thursday in a bid to appease angry investors in the wake of the royal commission.\n\n tanya_plibersek JoshFrydenberg Josh, there is only one side in Government, mate. JustDoGood3 tanya_plibersek JoshFrydenberg There is only one Government of Australia! It's not for Opposition to 'get on with implementing it', it's the Government's job! tanya_plibersek JoshFrydenberg One of the easiest future trivial pursuit questions; how many times did the PM vote against the Banking Royal Commission?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Bank stocks soar in wake of royal commission | Sky News AustraliaSoaring bank stocks have sparked the biggest one day rise in more than two years on the local share market after the release of the final banking royal commission. \n\nInvestors injected $19 billion back into the market after Kenneth Hayne’s report was released on Monday afternoon. \n\nThe surge is understood to be the result of investors’ relief that the final report would not devastate the sector. \n\n\n\n SkyNewsRicho Under the libs you are. If you donate you are buying protection. You know what Richo election day should bring a lot of joy as the corruption is so blatant they dont even try to hide it SkyNewsRicho This royal commission was a waste of tax payer money SkyNewsRicho Replace the work “Banks” with “Unions” and it still works .......
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Karen Andrews dismisses Labor's banking royal commission as a ‘stunt’ | Sky News AustraliaIndustry Minister Karen Andrews has told Sky News the government isn’t going to be ‘pushed into making rash statements’ in the wake of the banking royal commission. \n\nOn Monday, the commissioner delivered 76 recommendations to improve the banking, super and financial sectors. \n\nAfter the report was released, the Opposition accused the Coalition of ignoring about 14 of the recommendations. \n\nMs Andrews says Labor is ‘trying to start yet another stunt’, arguing the government will need to ‘take time to go through all the recommendations and what the implications are going to be’. \n\nThe government has indicated it will take action on all recommendations. \n\nImage: Twitter \u002F karenandrewsmp\n\n Yes they'll need to check with the banks first Pushed into making rash statements? Here's one you can contemplate then: - We'll reinstate the $21 million Scott Morrison cut from ASIC in May 2018 - We'll reinstate the further $11.9 million Josh Frydenberg cut from ASIC in December 2018. yes we have seen the reluctance of the LNP govt to avoid the royal commission at any cost. These types of remarks just serve to load the guns for labor and it will cost LNP govt at the next election. Australians want and demand action, LNP have delayed this by years already.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
No clear indication banking royal commission was leaked: Creigton | Sky News AustraliaThe Australian's Economic Editor Adam Creighton says it's not clear whether the banking royal commission was leaked before it was officially handed down by the government on Monday.\n\nLabor is urging the finance department to investigate whether the report was leaked to investors prior to its official release, prompting a buy-up in bank shares.\n\nCommissioner Kenneth Hayne's report was handed to the Coalition on Friday before its release to the public the following Monday.\n\nPrior to the government handing down the report, investors bought half a billion dollars worth of bank shares, netting them a profit in excess of $22 million dollars within 24 hours.\n\nMr Creighton says no one knows whether anyone passed the details onto investors prior to its release, since people could have guessed that Commissioner Hayne was not going to 'come down hard' on the financial sector.\n\n\n jkalbrechtsen So pretty much what TurnbullMalcolm said before the commission... jkalbrechtsen Australia is waiting and watching big4banks we'll see what lessons they take...when they fail to pass on rate drops or out of cycle rate rises. This pure greed affects all Australians Shareholders greed is ruining Australia jkalbrechtsen Agreed!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Calls for investigation into possible banking royal commission leaks | Sky News AustraliaLabor has called for an investigation into possible leaks prior to the release of the final banking royal commission report. \n\nThe Opposition has written to the Prime Minister’s department demanding a probe into leaked allegations. \n\nDespite the release of the damning report, share markets surged on Tuesday after financial markets opened. \n\nTreasurer Josh Frydenberg has denied any market participants were given information about the report before it was made public on Monday. \n\n\n\n Bowenchris What no comment about taking retirees money. Ohh that’s right we don’t count and you don’t care about us. What was it Gillard said “why give them anything...they don’t vote for us. Bowenchris Including the commission on the unions and child abuse Bowenchris Banks royal Commission, all this pain & Labor could have stopped it in 2011
Source: SkyNewsAust - 🏆 7. / 78 Read more »