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Labor leads pressure for royal commission on banks

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Calls are increasing for a royal commission into the banking sector following a series of incidents involving Australia's banks. But Prime Minister Malcolm Turnbull says the Australian Securities and Investments Commission has enough power to keep the industry in check.


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By Iman Riman, Andrea Nierhoff

Source: SBS



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Calls are increasing for a royal commission into the banking sector following a series of incidents involving Australia's banks. But Prime Minister Malcolm Turnbull says the Australian Securities and Investments Commission has enough power to keep the industry in check.



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