Royal Commission - Australia. Initial Report.
- Kenneth Hayne
- Sep 29, 2018
- 1 min read
Laws Broken, No Justice handed out. No Consumer Protection, No Regulation? Australian Royal Commission.
Australian Banks and finance companies have put profits before people and been motivated by greed - the Royal Commission made this blunt finding today as it released a damning initial report into misconduct and poor behaviour. Commissioner Kenneth Hayne found that much of the conduct broke existing laws and yet there have rarely been prosecutions.
Weak Watchdog Slammed For Reluctance On Enforcement.
Beat The UK stampede: