The Banking royal commission report has finally been released, so what happens now?

NEWS: With minimal parliamentary sitting days ahead of the election, the timeframe for implementing legal reform is tight.

The repeated and systemic nature of the misconduct and poor treatment of consumers have been revealed in the year-long banking royal commission. 

The recommendations in the have focused on ending the unsolicited sales of financial products, banning conflicted remuneration earned by intermediaries like mortgage brokers, and better enforcement of legal standards.

You can read the full version of this story in English on SBS News .


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1 min read
Published 5 February 2019 12:11pm
Updated 12 August 2022 3:33pm
By Biwa Kwan, SBS Newsroom
Presented by Tanu Attajarusit
Source: SBS News, AAP


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