banks – Openforum https://www.openforum.com.au Open Forum offers an independent platform for Australian debate Wed, 27 Mar 2024 21:57:31 +0000 en-GB hourly 1 https://wordpress.org/?v=4.9.25 Can we trust the banks again? https://www.openforum.com.au/can-we-trust-the-banks-again/ Fri, 31 Jan 2020 21:19:29 +0000 https://www.openforum.com.au/?p=25934 On the first anniversary of the findings of the banking Royal Commission into misconduct, what’s actually being done to restore public trust in Australia's chastened and tarnished banking sector?

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Four questions the banks must answer https://www.openforum.com.au/four-questions-the-banks-must-answer/ Wed, 16 Oct 2019 21:24:15 +0000 https://www.openforum.com.au/?p=24012 The ACCC has inquired into mortgage rates before, but the banks didn't offer the Commission all the information as it needed.  The questions must be tougher this time around and the big banks owe Australians some straight answers.   

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Penalties and a super-regulator might be the way forward for banks https://www.openforum.com.au/penalties-and-a-super-regulator-might-be-the-way-forward-for-banks/ Sat, 02 Feb 2019 22:28:17 +0000 http://www.openforum.com.au/?p=19258 Whatever the recommendations of the banking royal commission to be made public on Monday, customers of our recalcitrant financial institutions are in for a rough ride.

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Banking with a human face https://www.openforum.com.au/banking-with-a-human-face/ Sat, 29 Sep 2018 22:20:58 +0000 http://www.openforum.com.au/?p=16963 Motivating bank staff to treat customers well will be a big challenge for the Royal Commission after revelations that incentive schemes encouraged staff to undertake unethical behaviour.

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