Financial Standard Comments - Labor questions Murray, calls for another inquiry The opposition has called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System Inquiry (FSI) a "cop out." https://www.financialstandard.com.au/feed/latest?story=41557261 Wed, 09 Jul 2014 13:53:51 +1000 Wed, 09 Jul 2014 13:53:51 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Dennis Barton (Andep Investment Consultancy)

Caesar should not judge Caesar in respect of the CBA scandal, but important as this scandal is, the Murray Inquiry is much bigger. At most, the CBA issue will be a small part of the FSI deliberations. David Murray is eminently qualified for the larger job and to remove him because of CBA is to throw the baby out with the bath water.

Nevertheless, the CBA scandal is a serious breach of trust by a significant organisation and will take a long time to fade.

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]]> Dennis Barton (Andep Investment Consultancy) Wed, 09 Jul 2014 13:53:51 +1000