Posts tagged "Commissioner Kenneth Hayne"

Treasurer Frydenberg has issued a timetable for the government’s dealing with the recommendations from the royal commission into banking.

ASIC has given a partial tick of approval to proposed changes to how small businses banking is regulated, but more controversial changes remain in question.

Ensuring commissioner Hayne's wisdom is built into a business model from an early stage will set a startup up for future success.

Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.

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.

We need to "enshrine Justice Hayne’s six commandments in every bank’s code of conduct and make any breach to that code criminal."

In his interim report, royal commissioner Kenneth Hayne pilloried select Australian banks for their greed and putting profits before customers.

Major banks are fighting back after the financial services royal commission found they had left themselves open for findings of misleading a…