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Are the four big banks above accountability?

Logos of the four big banks
A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB)Image/Joel Carrett) Source: AAP

Since 2007, NAB, ANZ, Westpac and the Commonwealth Bank, have missed the equivalent of eight interest rate cuts. Can ASIC do something?


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Updated

By Ghassan Nakhoul

Presented by Australia Alyaom, Ghassan Nakhoul, Manal Al-Ani

Source: SBS




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Since 2007, NAB, ANZ, Westpac and the Commonwealth Bank, have missed the equivalent of eight interest rate cuts. Can ASIC do something?



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