KenWyattMP This is the problem. Public servants and politicians, all trying to avoid work. Looking to set and forget for 30 years.. Lazy Lazy Lazy. Need to be constantly on top of things and changing to respond to problems on a day to day basis..
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Aged care funding boosted ahead of commission | Sky News AustraliaThe federal government has announced a $662 million funding boost to the aged care sector, ahead of the royal commission into the industry. \n\nPrime Minister Scott Morrison says every Australian in residential aged care will have an extra $1800 spent on their care by June as part of the funding, with $320 million set to be rolled out to residential facilities in the coming months.\n\nThe royal commission into aged care quality and safety will start hearing evidence in Adelaide on Monday.\n\n\n\n COTAAustralia How about family offer to keep them in their home and elderly realise this a great option, instead of entering a business system - last resort, COTAAustralia and again, labors media ads created by a dumb LNP government with AGED CARE MINISTER KEN WYATT denying an aged care royal commission was needed, sound familiar. Just hand over the keys to labor for 3 years & think in opposition about 6 years of disasterous LNP government.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Aged care royal commission to take first evidenceThe inquiry into Australia's aged care system is to take its first evidence in Adelaide from Monday.
Source: SBSNews - 🏆 3. / 89 Read more »
Banking royal commission makes 76 recommendations for reform | Sky News AustraliaThe banking royal commission has made 24 referrals to regulators and 76 recommendations for wide-ranging reform in the sector.\n\nBanking royal commissioner Kenneth Hayne QC says the time has come to address financial misconduct and prevent its recurrence, proposing a raft of measures designed to better protect consumers.\n\nMr Hayne has made 24 referrals, including all the major banks except for Westpac, to the Australian Securities and Investments Commission and Australian Prudential Regulation Authority for further investigation.\n\nMr Hayne was scathing of some bank bosses, particularly the National Australia Bank, for being unwilling to accept responsibility.\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, a former Treasury secretary.\n\n\n\n\n Bowenchris ScottMorrisonMP Chris Bowen has confirmed that he and Labor are committed to the death of mortgage broking in Australia, ensuring that banks get richer and consumers are worse off. This is what you can expect from a Shorten-led Labor government.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Banking royal commission makes 76 recommendations | Sky News AustraliaThe banking royal commission has made 24 referrals to regulators and 76 recommendations for wide-ranging reform in the sector.\n\nBanking royal commissioner Kenneth Hayne QC says the time has come to address financial misconduct and prevent its recurrence, proposing a raft of measures designed to better protect consumers.\n\nMr Hayne has made 24 referrals, including all the major banks except for Westpac, to the Australian Securities and Investments Commission and Australian Prudential Regulation Authority for further investigation.\n\nMr Hayne was scathing of some bank bosses, particularly the National Australia Bank, for being unwilling to accept responsibility.\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, a former Treasury secretary.\n\n\n\n\n jmwhistleblower frontpage Heads need to roll and the resounding bang of cell doors slamming shut on these criminals, their properties ceased immediately and their ability to work in any position of authority again before we feel anything at all remotely like closure.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NAB bosses 'cop scathing criticism' in banking royal commission | Sky News AustraliaThe banking royal commission has given 76 recommendations in total that cover banks, superannuation, mortgage brokers and financial advisors.\n\nThe final report gives 22 referrals of 19 banks and other financial institutions to Australian Securities and Investments Commission and Australian Prudential Regulation Authority, which may lead to criminal prosecutions.\n\nSky News host David Speers says the report does not ‘name names’ of who should be criminally prosecuted but the NAB CEO Andrew Thorburn and chair Dr Ken Henry ‘copped some scathing criticism’, saying they were the most criticised individually.\n\nBanking royal commissioner Kenneth Hayne QC says he not persuaded the NAB is willing to accept responsibility for deciding the right thing to do in the future and requiring their staff to act accordingly. \n\n As a former employee that doesn’t surprise me at all. Ken Henry! The Liberal finance God Surely not Labor’s fiscal guru and godlike pin up boy Ken Henry 😱 Media say nothing
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Hayne has struck a ‘sensible balance’ with royal commission report: McCrann | Sky News AustraliaThe Herald Sun’s Terry McCrann has praised Commissioner Kenneth Hayne QC for his banking royal commission recommendations after his report was released to the public, saying he was ‘impressed and surprised’ by the findings.\n\nThe business columnist told Sky News Mr Hayne struck ‘a very sensible balance’ between holding financial institutions and individuals to account for their actions, and putting structures in place to prevent wrongdoing in the future.
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 »
Financial institutions face possible charges following 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
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NAB boss defends taking long-service leave during royal commission | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn has defended his decision to take long-service leaving during the banking royal commission, saying it's 'unfair' to think a CEO can't take leave for their own physical and mental health.\n\nMr Thorburn has told Your Money host Ticky Fullerton that he is comfortable with his decision to take leave because he had ‘laid out a plan’ and had ‘an army of very good leaders’ to carry out the bank's strategy.\n\nThe royal commission report released on Monday slammed Mr Thorburn and NAB's chairman, former Treasury secretary Ken Henry, for not being willing to accept the necessary responsibility.\n\nVideo credit: Your Money\n\n\n\n He’ll get all he needs in Long Bay. Hahahahahahahaha (breath) Hahahahahahahaha. JohnRuddick2 Clearly John Ruddick has never met a senior figure in the banking industry. What rubbish.
Source: SkyNewsAust - 🏆 7. / 78 Read more »