Nothing to see here: Banks oppose SME lending regulation crackdown
Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.
“Too many outs”: Ombudsman slams banking code for being weak on small business protections
The code covering SME lending requires a major overhaul to protect businesses from the power of the big banks, Australia's small business watchdog says.
You can’t bank on banks: Why a legally binding, industry-wide code of conduct is needed
We need to "enshrine Justice Hayne’s six commandments in every bank’s code of conduct and make any breach to that code criminal."
‘Unethical selling’ — not selling in general — should be on trial at banking royal commission
Many people shy away from selling, due to negative stereotypes which lead them to think selling only applies to the desperate and devious.
ASIC reveals priorities: Corporate regulator lists small business concerns as area of focus
ASIC has named small business as a key point of focus over the next twelve months, singling out lender behaviour and unfair contract terms.
Royal commission shows banks have behaved appallingly, but we’ve helped them do it
In his interim report, royal commissioner Kenneth Hayne pilloried select Australian banks for their greed and putting profits before customers.
“Like frightened turtles”: Why everyday borrowers will suffer most in banking royal commission aftermath
The people who will lose from the royal commission are the 'marginal' borrowers — the young, the less affluent, the less educated, the casually employed.
Four questions to test if your sales and prospecting tactics are ethical
Are your sales and prospecting efforts underpinned by sound ethics and behaviours?
