Published: March 14, 2019
Choice says government has failed key test from banking royal commission
Intense lobbying from well-connected mortgage-broker firm owners, and the government’s capitulations to their demands, have left democracy and customers in a worse state, Australia’s peak consumer group says.
After committing to banning trailing fees from 2020, a key recommendation of the Hayne royal commission into the banking and financial sector, Josh Frydenberg announced a backdown on Wednesday.
Continue reading...from The Guardian https://ift.tt/2O6zFPj
via
0 Comments