All eyes on Canberra as Banking Royal Commission report is released

The Royal Commission's report into Australia's banking, superannuation and financial services system will be released this afternoon.

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The final report is expected to give a scathing review of the gross misconduct carried out by financial institutions, with Commissioner Kenneth Hayne QC also outlining his recommendations.

The report will be released once the share market has closed in an attempt to minimise its impact on the dollar, with banks already down.

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