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Topic: Banking royal commission
FOFA II? Pushback from rentseekers begins anew

FOFA II? Pushback from rentseekers begins anew

A segment of the financial planning industry continues to see itself as the real victim of banking scandals and is desperate to stop any reform.

Australia needs a royal commission on the pokies 

Australia needs a royal commission on the pokies 

In the aftermath of the banking royal commission, should we have a royal commission into Australia’s $24 billion-a-year gambling industry?

How would Hayne’s disciplinary body actually work?

How would Hayne’s disciplinary body actually work?

Yes this would be a huge step forward, but the devil is in the detail (or the lack thereof).

Morrison would be smart to get cracking on Hayne’s recommendations

Morrison would be smart to get cracking on Hayne’s recommendations

Rather than hiding from parliament, there is political advantage in Scott Morrison bringing on extra sittings and going hard, early on Kenneth Hayne's royal commission recommendations.

What Hayne should have done

What Hayne should have done

Kenneth Hayne failed to tackle the structural flaws of the financial industry in his royal commission recommendations. This is what he should have suggested.

A draft apology for the Liberal Party’s colossal banking fuck-up

A draft apology for the Liberal Party’s colossal banking fuck-up

The Liberals are having trouble saying sorry about the banking royal commission. We're happy to help out.

Liberals agree to implement FOFA, a decade too late

Liberals agree to implement FOFA, a decade too late

If the Liberals hadn't been so determined to protect their big bank and financial adviser mates, much of the "fees for no service" scandal of recent years would never have occurred.

Investors give banks a tick in wake of royal commission

Investors give banks a tick in wake of royal commission

What royal commission? Investors think major financial institutions will be able to get on with generating massive profits if today's early share trading is any guide.

Hayne can’t turn an ASIC watchpoodle into an attack dog

Hayne can’t turn an ASIC watchpoodle into an attack dog

Kenneth Hayne's retention of the current consumer protections for financial services will guarantee a repeat of ASIC's failings for a long time to come.

Banking industry reacts to royal commission report

Banking industry reacts to royal commission report

Good morning, early birds. Media, political, and banking industry figures are reacting to the recommendations offered in Kenneth Hayne's landmark banking royal commission report, and Tasmania's long-burning bushfires look set for relief with rain predicted later this week. It's the news you need to know, with Chris Woods.