CBA enters APRA EUBY JAMIE WILLIAMSON | TUESDAY, 1 MAY 2018 9:07AMAPRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Related News |
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
What about the banks known overcharging of interest on every mortgage, personal loan, overdraft and credit card since the 1990's which was identified, acknowledged on 4 CORNERS, acknowledged by the Aust. govt. and absolutely nothing done about it. It is still going today and is done by all the banks, then and now.
Every month is charged as a 31 day month. They owe the public 100's of millions if not billions. Not even mentioned at the RC once.