Posts tagged "Royal Commissioner Kenneth Hayne"

The banking royal commission has stopped short of advocating broad changes to SME lending, prompting criticism it has not gone far enough.

The banking royal commission's final report will have credit implications for small business amid scrutiny over the industry code of conduct.

By Louise Metcalf, Macquarie University

Appearing before the banking royal commission, the newly appointed head of the Commonwealth Bank,…

Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.

The code covering SME lending requires a major overhaul to protect businesses from the power of the big banks, Australia's small business watchdog says.

We need to "enshrine Justice Hayne’s six commandments in every bank’s code of conduct and make any breach to that code criminal."

Many people shy away from selling, due to negative stereotypes which lead them to think selling only applies to the desperate and devious.

In his interim report, royal commissioner Kenneth Hayne pilloried select Australian banks for their greed and putting profits before customers.