Source: News Formal (newsformal.com)
jkalbrechtsen Agreed!
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 So pretty much what TurnbullMalcolm said before the commission...
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Cormann coy on banking royal commission report leaks | Sky News AustraliaFULL INTERVIEW: Finance Minister Mathias Cormann has played coy on whether there could be any leaks prior to the release of the banking royal commission report.\n\nMr Cormann says the report will be released after markets close on Monday and argues the timing of the release is an adequate and responsible amount of time and will be handled in an appropriate way given the nature of the report.\n\nThe government says its focus is on protecting the consumer before the economy.\n\n\n\n\n\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Banks furious over royal commission lock-out | Sky News AustraliaThe major banks have expressed concern after it was revealed they will not have access to the banking royal commission findings before they are released to the public. \n\nMembers of the media have been invited to attend a three-hour lock-up on Monday to read the report, but members of the banking industry have been restricted. \n\nBanking representatives fear members of their industry could discover they are being pursued for criminal charges through media articles. \n\nThe Opposition has also slammed the government for releasing the report on Monday, three days after it was first handed the findings. \n\n\n\n\n\n Good. So why would these criminals be any different to any other criminal identified in an inquiry. Still trying to live a life of privilege. I would be amazed if the BIG 4 don't already have a copy.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Govt receives banking royal commission report | Sky News AustraliaThe federal government has received the royal commission’s final report into financial services after 69 days of hearings. \n\nThe government will hold the report until Monday to assess all the recommendations. \n\nOpposition Leader Bill Shorten has slammed the government over its delay in making the findings public. \n\n\n\n TheIPA evmulholland TheIPA evmulholland Problem with the banks is 'They're not afraid of the regulators'. Why? Because they've had the guts ripped out of them by LNP governments. Another LNPfail Auspol
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Banking royal commission report a ‘damning indictment’ of govt: Bowen | Sky News AustraliaShadow Treasurer Chris Bowen says the banking royal commission’s final report will be a ‘damning indictment’ of the Coalition government and its senior figures, despite not having seen it himself.\n\nThe government only agreed to the enquiry following significant pressure including those in the banking industry.\n\nCommissioner Kenneth Hayne’s final report will be released on Monday, three days after it was delivered.\n\n\n RichardDiNatale This ////// Did nothing in a Labor-Green Govt 2007-13 17 inquiries into the banks since the GFC 2008. Greens did Nothing in Govt with Labor Greens ina mess skynews auspol
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Major reforms expected after Banking Royal Commission | Sky News AustraliaA final report into the Banking Royal Commission will be handed over to the Governor General on Friday ahead of its public release on Monday. \n\nIn response to the findings, Royal Commissioner Kenneth Hayne is expected to make major reforms to the banking, superannuation and financial services sectors. \n\n\n\n\n\n\n Bowenchris Blah blah blah Bowenchris Bill Shorten can be trusted to send us all broke. Everyone hated him a year ago why would you vote him. ethics?
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 »
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 »
Financial institutions face possible charges following final banking royal commission report | Sky News AustraliaThree financial institutions could face possible criminal charges after the final report into the banking royal commission was publically released.\n\nBanking royal commissioner Kenneth Hayne QC has made at least 20 civil and criminal referrals to APRA and ASIC within the 76 recommendations handed down in the report - involving companies including the Commonwealth Bank, NAB, ANZ and AMP but stopped short of calling for individual banking executives to be prosecuted.\n\nMr Hayne said he was not confident NAB had learned the lessons from the past as he criticised its CEO Andrew Thorburn and chair Dr Ken Henry.\n\n\n\n\n\n\n RichardDiNatale A man with no empathy. Politicising natural disasters while they’re still happening is just not on. Why is your excuse of the fires in the early 1900’s, 1930’s. They definitely weren’t caused by digging up coal. Is Richard trying to be relevant? What has Richard got to say about Greens bullying allegations? auspol skynews abc RichardDiNatale Need a regulator with teeth? That sounds like a Marxist crocodile to me. What needs to happen is the culprits are punished to the full extent of the law. Imprisoned. The laws are adequate but the courts aren't.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Frydenberg struggles to apologise following banking royal commission | Sky News AustraliaFULL INTERVIEW: Treasurer Josh Frydenberg says he ‘absolutely understands the deep hurt felt by people across the community’ at the hands of the banking sector but has struggled to offer an apology. \n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released to the public on Monday. \n\nMr Frydenberg has told Sky News host Laura Jayes some recommendations will be legislated immediately but others will take more time to implement. \n\n\n\n\n\n\n billshortenmp this was happening under the 2 u knifed. rudd n gillard. wat did labor do about it billshortenmp I TRUST THE LNP OVER YOU billshortenmp billshortenmp Anna Bligh, an ex Labor premier of QLD is the banking association head, just as guilty as the banks, since during her time as a lobbyist, she didn't bother to do anything about the white crime which the banks were engaged in. ScottMorrisonMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Banking royal commission could spark market chaos: Treasurer | Sky News AustraliaThe Treasurer has warned releasing the findings of the banking royal commission report could spark market chaos if it is released too early.\n\nThe Opposition has accused the government of stalling after it announced it would wait three days before releasing the report.\n\n\n\n\n\n\n BernieRipoll Funny is not a racist word of the country where can the holy journey be free from problem that have problem occur first see what trip are present
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