Nothing to see here: Banks oppose SME lending regulation crackdown Finance Matthew Elmas 9 November 2018 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 Finance Matthew Elmas 30 October 2018 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 Finance The Conversation 26 October 2018 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 Sales Sue Barrett 8 October 2018 Many people shy away from selling, due to negative stereotypes which lead them to think selling only applies to the desperate and devious.
Royal commission shows banks have behaved appallingly, but we’ve helped them do it Finance The Conversation 1 October 2018 In his interim report, royal commissioner Kenneth Hayne pilloried select Australian banks for their greed and putting profits before customers.
