Five years on from Banking Royal Commission – what’s been learned
27 October 2023
ABC NewsRadio Breakfast interview with Peter Lock conducted by Senior Business Correspondent Peter Ryan on the sidelines of the BCCM Leaders’ Summit in Brisbane:
It’s now five years since the financial services Royal Commission uncovered a range of unlawful and unethical behaviour across the commercial banking sector.
But what lessons have been learned from Kenneth Hayne’s key findings that major banks pursued profit ahead of the interests of customers?
No much, according to Peter Lock CEO of the mutual Heritage and People’s Choice.
Families are making significant savings by forming small shopping co-ops but cooperative business structures account for less than 1 per cent of the supermarket sector in...