Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Scathing royal commission report slams banks

The banking royal commission has delivered a scathing verdict of a greed-driven industry in its final report, recommending a raft of changes designed to better protect consumers and improve regulation.

Commissioner Kenneth Hayne
Commissioner Kenneth Hayne Source: AAP

The commission has referred 24 cases of potentially criminal activity to the responsible regulators for further investigation, but isn't naming names.

After 68 days of hearings over the past 12 months, the royal commission has handed down its final report, laying bare a culture that allowed misconduct to thrive at the expense of consumers' best interests.  

To hear more from SBS Greek, go to:
apple_podcasts_badge.svg
google_podcasts_badge.svg

1 min read

Published

By Stergos Kastelloriou




Share this with family and friends


Follow SBS Greek

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Greek News

Watch it onDemand

Stream now