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The AGE: Australian bank CEOs testimonies show royal commission necessary

AAP
AAP Source: AAP

The AGE advocates in their editorial section that a royal commission into banking and financial services is necessary.


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By Euna Cho

Source: SBS



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The AGE advocates in their editorial section that a royal commission into banking and financial services is necessary.


The AGE advocates in their editorial section that a royal commission into banking and financial services is necessary.

The Age mentioned that the banks' unduly high profit margins reflect the gouging of customers. Two years ago, a Senate inquiry recommended a royal commission into the Commonwealth Bank to investigate forgery, fraud and allegations of a cover-up in its financial planning arm.

Please click the podcast icon above to listen the detail of this editorial in Korean.

 


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