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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Featured Profile
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
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.