Dodgy bankers face 10 years in jail, million-dollar fines under new penalties

Treasurer Scott Morrison

Treasurer Scott Morrison Source: AAP

Treasurer Scott Morrison has stressed the government will bring the banks into line and Australians should remain confident about the system.


Mr Morrison, in Melbourne on Friday (April 20) to announce tough new penalties for shonky bankers and corporate criminals, insisted Australia's banking and finance sector remained rock solid.


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