Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (2017 - 2019)
Observations
Apr 15, 2024In the aftermath of Australia's Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry, banks have implemented significant structural changes. According to research by Macquarie Securities, this has led to a 2.4% average annual increase in operating costs between 2018/19 and 2021/22, while revenue saw a modest 0.5% rise.
by Starling Insights, Wayne Byres, Michelle W. Bowman, Charles Randell
Compendium
Feb 14, 2024Compendium
May 15, 2022In our previous issues of our annual Compendium, we have discussed the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in great detail. The Commission was headed by Kenneth Hayne, a former Justice of the High Court of Australia, and has come to be known as the “Hayne Commission.” The Commission’s final report, issued in 2019, made 76 recommendations for reform ...cont
by Stephen Scott, Jeffrey Kupfer
Thoughts
May 08, 2019
