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Frydenberg unveils banking overhaul, puts financial services sector on notice

A file image of Treasurer Josh Frydenberg

Treasurer Josh Frydenberg will push to overhaul the financial services sector by the end of 2020. Source: AAP

Treasurer Josh Frydenberg has put the financial services sector on notice as he unveils the road map for implementing the royal commission's recommendations.


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By Stergos Kastelloriou

Source: SBS




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Treasurer Josh Frydenberg has put the financial services sector on notice as he unveils the road map for implementing the royal commission's recommendations.


Treasurer Josh Frydenberg has vowed to overhaul the financial services sector by the end of next year, in the hope of rebuilding consumer confidence after a scathing review of the industry.

Mr Frydenberg will use a speech on Monday morning to the Victorian Chamber of Commerce and Industry to reveal the road map for implementing recommendations from the Hayne royal commission.

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