Financial advisors on the run from the Royal Commission.

[bob10]

Like the proverbial rats leaving the sinking ship.

Financial advisers under review by the royal commission (https://thenewdaily.com.au/money/finance-news/2018/03/05/financial-advisers-royal-commission/?utm_source=Responsys&utm_medium=email&utm_campaign=20180306_TND)

[bob10]

Take credit card insurance from CBA ? Pay back time.



CBA moves on insurance before the royal commission (https://thenewdaily.com.au/money/finance-news/2018/03/07/cba-credit-card-insurance-royal-commission/)

[bob10]

A class action considered.

Class action considered over 'worthless' credit card insurance (https://thenewdaily.com.au/money/finance-news/2018/03/12/banks-credit-card-class-action/?utm_source=Responsys&utm_medium=email&utm_campaign=20180312_PM_Update)

[bob10]

A can of worms.

Gyms and tailors got bank loan commissions (https://thenewdaily.com.au/money/finance-news/2018/03/14/royal-commission-nab-introducers/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180314)

[bob10]

Some high quality Silks on our side.

The woman asking the hard questions at the banking royal commission (https://www.msn.com/en-au/money/markets/the-woman-asking-the-hard-questions-at-the-banking-royal-commission/ar-BBKbLKD?ocid=spartandhp)

[bob10]

Casual way to run a Bank.



NAB board aware of alleged fraud ring for months: commission told (https://www.msn.com/en-au/money/company-news/nab-board-aware-of-alleged-fraud-ring-for-months-commission-told/ar-BBKbsn8?ocid=spartandhp)

[bob10]

This is outrageous. We have a right to be outraged.

CBA admits mortgage broker payments 'conflicted' (https://thenewdaily.com.au/money/finance-news/2018/03/15/mortgage-brokers-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180315)

[bob10]

Using a mortgage broker? Here's how to protect yourself | The New Daily (https://thenewdaily.com.au/money/property/2018/03/15/mortgage-broker-consumer-protect/?utm_source=Responsys&utm_medium=email&utm_campaign=20180316_TND)

[bob10]

Banking royal commission will be uncomfortable and confronting, CBA chief warns staff (https://www.msn.com/en-au/money/finance/banking-royal-commission-will-be-uncomfortable-and-confronting-cba-chief-warns-staff/ar-BBKo2fH?ocid=spartandhp)

[bob10]

ANZ grilled over 'non-compliant' home loan application process | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/03/19/anz-royal-commission-home-loan/)

[bob10]

CBA waited two years to admit insurance problems to ASIC (https://thenewdaily.com.au/money/finance-news/2018/03/19/royal-commission-cba-silent-two-years/?utm_source=Responsys&utm_medium=email&utm_campaign=20180320_TND)

[bob10]

ANZ took 10 years to repay loan overcharges (https://thenewdaily.com.au/money/finance-news/2018/03/20/anz-royal-commission-home-loans/)

[bob10]

Royal commission: Westpac scrutinised over unaffordable car loans | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/03/21/westpac-car-loans-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180321)

[bob10]

Have a home loan with ANZ, this could interest you.

ANZ refunds $90 million over wrong mortgage rates (https://www.msn.com/en-au/money/company-news/anz-refunds-dollar90-million-over-wrong-mortgage-rates/ar-BBKuqHj?ocid=spartandhp)


“I think if the customer is charged the wrong interest rate then that is not a good outcome for a customer,” ANZ home loans chief Sarah Stubbings replied. Really?
ANZ faces $18 million payout on mortages (https://thenewdaily.com.au/money/finance-news/2018/03/21/anz-royal-commission-home-loans-2/?utm_source=Responsys&utm_medium=email&utm_campaign=20180322_TND)

[bob10]

And on it goes.

ANZ charged 24 per cent on car loans (https://thenewdaily.com.au/money/finance-news/2018/03/22/anz-car-loans-24-per-cent-interest/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180322)

[bob10]

Banking royal commission: Commonwealth Bank offered gambler credit card limit increases (https://www.msn.com/en-au/money/company-news/banking-royal-commission-commonwealth-bank-offered-gambler-credit-card-limit-increases/ar-BBKy4P0?ocid=spartandhp)

[bob10]

It just get better and better.

Big banks are in the the firing line at the royal commission (https://thenewdaily.com.au/money/finance-news/2018/03/23/royal-commission-banks-misconduct-charges/)

[bob10]

Westpac refused to obey ASIC directives on credit card limits (https://thenewdaily.com.au/money/finance-news/2018/03/23/westpac-credit-cards-royal-commission/)

[bob10]

Just sloppy, not negligent.

Westpac CEO admits bank had 'sloppy' record keeping (https://www.msn.com/en-au/money/company-news/westpac-ceo-admits-bank-had-sloppy-record-keeping/ar-AAvtQrd?ocid=spartandhp)

[bob10]

www.abc.net.au/news/2018-02-01/apra-releases-preliminary-report-into-cba/9382566 (http://www.abc.net.au/news/2018-02-01/apra-releases-preliminary-report-into-cba/9382566)

[bob10]

The harsh truth is Australia has too many bankers (https://thenewdaily.com.au/money/finance-news/2018/04/10/australia-has-too-many-bankers/)

[bob10]

AMP in the sights.

AMP misled ASIC 10 times over illegal advisory fees (https://thenewdaily.com.au/money/finance-news/2018/04/16/amp-misled-asic-10-times/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180417)

[bob10]

What will the punishment be? nudge, nudge, wink ,wink, say no more?

Stinking AMP reveals our soft line on corporate dishonesty (https://www.msn.com/en-au/money/company-news/stinking-amp-reveals-our-soft-line-on-corporate-dishonesty/ar-AAvY85f?ocid=spartandhp)

[bob10]

The trick AMP uses to circumvent FOFA reforms (https://thenewdaily.com.au/money/finance-news/2018/04/17/royal-commission-amp-trick-grandfathering/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180418)

[bob10]

'Stamp out this behaviour' - banks should not offer advice says Fels (https://www.msn.com/en-au/money/company-news/stamp-out-this-behaviour-banks-should-not-offer-advice-says-fels/ar-AAw0l4j?ocid=spartandhp)

[bob10]

Commonwealth Bank a 'gold medallist' in charging fees without providing a service (https://www.msn.com/en-au/money/company-news/commonwealth-bank-a-gold-medallist-in-charging-fees-without-providing-a-service/ar-AAw2kEs?ocid=spartandhp)

[bob10]

A human face to the scandal.

'We don't have a family home': Westpac advice left couple in ruin (https://www.msn.com/en-au/news/australia/we-dont-have-a-family-home-westpac-advice-left-couple-in-ruin/ar-AAw2YMG?ocid=spartandhp)

[bob10]

CBA charged dead people for advice. Could it get any worse? Most of these financial advisors have moved on, and can't be touched, apparently.

I CHARGE DEAD PEOPLE: Royal Commission hears CBA planners billed dead clients for 'advice', including one for a decade after they died (https://www.msn.com/en-au/money/company-news/i-charge-dead-people-royal-commission-hears-cba-planners-billed-dead-clients-for-advice-including-one-for-a-decade-after-they-died/ar-AAw2Kk3?ocid=spartandhp)

[bob10]

I agree. Go straight to the top. And work down.

The banking royal commission – it's even worse than it looks (https://thenewdaily.com.au/money/finance-news/2018/04/19/banking-royal-commission-michael-pascoe/)

[bob10]

The first head has rolled.

AMP boss Craig Meller quits following shocking revelations | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/04/20/amp-ceo-craig-meller-quits-scandals/?utm_source=Adestra&utm_medium=email&utm_campaign=News%20Alert%2020180420)

[bob10]

Banking royal commission revelations 'worse than I thought', says former ACCC boss (https://www.msn.com/en-au/money/company-news/banking-royal-commission-revelations-worse-than-i-thought-says-former-accc-boss/ar-AAw5kxO?ocid=spartandhp)

[bob10]

Every day, more and more. And from the very top of our financial institutions. Rotten to the core?

The royal commission changed this week — from awful and dumb to utterly shocking - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-04-21/royal-commission-changed-this-week-awful-to-shocking/9681942)

[bob10]

What we can do to get good financial advice.

What the AMP scandal can teach you about financial advice (https://thenewdaily.com.au/money/finance-news/2018/04/20/amp-financial-advice-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180421)

Financial advisors register;

Financial advisers register

(https://www.moneysmart.gov.au/investing/financial-advice/financial-advisers-register)
ASIC's money smart website ;


ASIC's MoneySmart (https://www.moneysmart.gov.au/investing/financial-advice)

[bob10]

Westpac adviser's misconduct driven by bonus payments (https://www.msn.com/en-au/money/company-news/westpac-advisers-misconduct-driven-by-bonus-payments/ar-AAw5Dhb?ocid=spartandhp)

[bob10]

Royal Commission proves the banks are too big. Time to revisit the four pillars philosophy?.

Royal commission proves it: The big banks are too big | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/04/22/banks-too-big-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180423)

[bob10]

NAB planners falsified documents


NAB planners falsifying forms a 'social norm' (https://www.msn.com/en-au/money/company-news/nab-planners-falsifying-forms-a-social-norm/ar-AAwfSSs?ocid=spartandhp)

[bob10]

AMP adviser directed clients to his property group (https://thenewdaily.com.au/money/finance-news/2018/04/23/amp-adviser-property-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180424)

[bob10]

Diggers created a good banking culture, the suits ruined it.

Diggers built a proud banking culture. The suits ruined it (https://thenewdaily.com.au/news/national/2018/04/23/banking-culture-anzac-remuneration/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180424)

[bob10]

What was that about fools and their money?

ANZ adviser used clients' money to buy a marina flat, royal commission told | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/04/24/anz-adviser-marina/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180424)

[bob10]

Should rogue planners be named and shamed? Not according to a Lawyer, who represents Doctors charged with child abuse and sexual assault!.

Dover Financial falls off a cliff at royal commission (https://www.msn.com/en-au/money/company-news/dover-financial-falls-off-a-cliff-at-royal-commission/ar-AAwjjjg?ocid=spartandhp)

[bob10]

Banks played a rigged game, but still couldn't resist cheating (https://thenewdaily.com.au/money/finance-news/2018/04/24/banks-royal-commission-rigged-game/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180425)

[bob10]

AMP bosses could face jail, fines after royal commission (https://thenewdaily.com.au/money/finance-news/2018/04/27/royal-commission-amp-execs-could-face-jail/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180427)

[bob10]

Another resignation.

AMP chair Catherine Brenner follows CEO out the door (https://thenewdaily.com.au/money/finance-news/2018/04/30/amp-chair-catherine-brenner-quits/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180430)

[bob10]

I think we needed this Royal Commission. Now some decent penalties would be in order.

CBA forced to put aside $1 billion extra by bank regulator APRA (https://www.msn.com/en-au/news/australia/cba-forced-to-put-aside-dollar1-billion-extra-by-bank-regulator-apra/ar-AAwzjN1?ocid=spartandhp)

[bob10]

Commonwealth Bank had become a victim of its own hubris (https://www.msn.com/en-au/money/company-news/commonwealth-bank-had-become-a-victim-of-its-own-hubris/ar-AAwzl9F?ocid=spartandhp)

[bob10]

Commonwealth Bank and ASIC to settle interest rate-rigging case (https://www.msn.com/en-au/news/australia/commonwealth-bank-and-asic-to-settle-interest-rate-rigging-case/ar-AAwYwRa?ocid=spartandhp)

[bob10]

" we understand you are Angry. " Only shareholder anger will promote change. We may be heading for 1929 all over again.

'We let you down': AMP cops record shareholder 'strike' after scandals (https://www.msn.com/en-au/money/company-news/we-let-you-down-amp-cops-record-shareholder-strike-after-scandals/ar-AAx2DGx?ocid=spartandhp)

[bob10]

There is no law against misleading financial advice. Apparently.

Financial advisers say ASIC too weak to regulate them (https://thenewdaily.com.au/money/finance-news/2018/05/15/financial-advisers-asic-regulation/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180516)

[bob10]

Banking royal commission casts doubt on regulator ASIC's enforceable undertakings (https://www.msn.com/en-au/money/company-news/banking-royal-commission-casts-doubt-on-regulator-asics-enforceable-undertakings/ar-AAxoA7f?ocid=spartandhp)

[bob10]

Westpac wanted to sell disabled pensioer's home (https://thenewdaily.com.au/money/finance-news/2018/05/21/westpac-pensioner-home-royal-commission/)

[bob10]

Gagged farmers next to bat at the Royal Commission.

Farmers gagged by big banks hope banking royal commission will uncover what they're too scared to say - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-05-21/gagged-farmers-hope-banking-royal-commission-will-expose-miscond/9777286?utm_source=sfmc&utm_medium=email&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940&utm_content=RuralMail_ArticleLink)

[bob10]

And still more .

Banks rejected changes to small business lending rules | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/05/21/banks-rejected-changes-to-small-business-lending-rules/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180521)

[bob10]

My God, we are a banana republic.

More strange details emerge in loan guaranteed by pensioner (https://thenewdaily.com.au/money/finance-news/2018/05/22/westpac-unable-identify-new-business-loan-spent/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180522)

[bob10]

Perhaps we should take the emotion out and have a balanced look at the problem.

Personal responsibility goes missing at Banking Royal Commission (https://thenewdaily.com.au/news/national/2018/05/22/royal-commission-personal-responsibility-pascoe/)

[bob10]

Small business easy marks?

Banking royal commission: Commonwealth Bank delayed writing to overcharged business customers (https://www.msn.com/en-au/money/company-news/banking-royal-commission-commonwealth-bank-delayed-writing-to-overcharged-business-customers/ar-AAxJqQL?ocid=spartandhp)

[bob10]

Bank manager who crushed Wendy's franchise struck again (https://thenewdaily.com.au/money/finance-news/2018/05/24/suzanne-riches-wendys-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180524)

[bob10]

I have to admit, the World of finance is way above my head. You have to have a high level of intelligence to wend your way thru the complex web successfully. Leaves me out.

Westpac's decision to fight ASIC pays off (https://www.msn.com/en-au/money/company-news/westpacs-decision-to-fight-asic-pays-off/ar-AAxKfOh?ocid=spartandhp)

[bob10]

We always drop into the Nambucca Hotel, on the way to & from Sydney. Great counter lunch, friendly staff. [Even though it is called the Nambucca, it is in Macksville. Named after the river, obviously.]


Bank seizes pub despite owner never missing a payment (https://thenewdaily.com.au/money/finance-news/2018/05/28/bankwest-pub-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180529)

[bob10]

Why would you bother going into business?

Bankwest admits it acted unfairly over publican debt (https://thenewdaily.com.au/money/finance-news/2018/05/30/bankwest-acted-unfairly-pub-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180530)

[bob10]

And the beat goes on. Sanjeef Gupta has stated he wants to start a bank in Aus. just for small business. Due diligence must be done, of course, but could be worth considering. Watch the banking establishment fight that.

NAB admits it had no right to seize money from sale of family home | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/05/31/nab-admits-it-had-no-right-to-take-sales-proceeds/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180531)

[bob10]

Small business findings at the royal commission (https://thenewdaily.com.au/money/finance-news/2018/06/01/shocking-small-business-stories-from-the-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180602)

[bob10]

Some banks will have their day in court,

Court date set for ANZ cartel case (https://www.msn.com/en-au/money/company-news/court-date-set-for-anz-cartel-case/ar-AAycL0T?ocid=spartandhp)

[bob10]

Charges laid.

Top bankers charged with criminal cartel offences | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/06/05/banks-criminal-cartel-charges/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180606)

[bob10]

CBA cops $700 million fine.

CBA to pay $700m for breaching money laundering, terrorism financing laws (https://www.msn.com/en-au/news/australia/cba-to-pay-dollar700m-for-breaching-money-laundering-terrorism-financing-laws/ar-AAyT8dY?ocid=spartandhp)

[bob10]

Next week farmers have their say at the banking Royal Commission. Could be the most emotional part of it.

Banker investigated over 'suicide' comment to struggling farmer (https://www.msn.com/en-au/news/australia/banker-investigated-over-suicide-comment-to-struggling-farmer/ar-AAyTPN6?ocid=spartandhp)

[bob10]

ANZ admits treatment of some farming clients breached bank code (https://www.msn.com/en-au/money/news/anz-admits-treatment-of-some-farming-clients-breached-bank-code/ar-AAz7rvS?ocid=spartandhp)

[bob10]

Bob Katter goes to bat for the farmers.

Banking royal commission: Bob Katter interrogates commissioner Hayne on farming finance (https://www.msn.com/en-au/money/markets/banking-royal-commission-bob-katter-interrogates-commissioner-hayne-on-farming-finance/ar-AAzb1gV?ocid=spartandhp)

[bob10]

Farming family given one day to exit property (https://thenewdaily.com.au/money/finance-news/2018/06/26/anz-royal-commission-one-day-vacate/)

[bob10]

Royal Commission live blog.

Banking royal commission: Dodgy Bankwest manager awarded Hayman Island trip for selling farm loans - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-06-28/banking-royal-commission-live-blog/9918652?utm_source=sfmc&utm_medium=email&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940&utm_content=RuralMail_ArticleLink)

[bob10]

ANZ Bank engaged in 'misconduct' after Landmark deal: Rowena Orr (https://www.msn.com/en-au/money/company-news/anz-bank-engaged-in-misconduct-after-landmark-deal-rowena-orr/ar-AAzDYml?ocid=spartandhp)

[bob10]

Well, yes, the Bank was at fault, but surely they could work out for themselves it could only end up in tears. ?

Westpac lends $1.6m to couple 'earning a very modest living' in possible breach of lending laws (https://www.msn.com/en-au/money/company-news/westpac-lends-dollar16m-to-couple-earning-a-very-modest-living-in-possible-breach-of-lending-laws/ar-AAAe3vk?ocid=spartandhp)

[bob10]

One positive outcome.

National Australia Bank drops default penalties for drought-hit farmers (https://www.msn.com/en-au/money/company-news/national-australia-bank-drops-default-penalties-for-drought-hit-farmers/ar-BBL0YRT?ocid=spartandhp)

[bob10]

AMP to pay millions in compensation.

AMP puts aside millions to compensate ripped-off customers (https://thenewdaily.com.au/money/finance-news/2018/07/27/amp-puts-aside-millions-ripped-off/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180727)

[bob10]

The banks to regulate themselves?, Now, there's a good idea. [bighmmm]

Anything but legislation with Banking Code of Practice (https://thenewdaily.com.au/money/finance-news/2018/07/31/banking-code-practice-asic/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180801)

[bob10]

Now the banks are copping it from the Productivity Commission.

Govt pledges more competition as damning banking report released (https://thenewdaily.com.au/money/finance-news/2018/08/03/productivity-commission-banking-report/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180803)

[bob10]

Under attack from the agricultural minister.

'Tell your bank to take a running jump' Agriculture Minister tells farmers - Politics - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-08-02/david-littleproud-pressures-commonwealth-bank-on-drought/10066982?utm_source=sfmc&utm_medium=email&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940&utm_content=RuralMail_ArticleLink)

[bob10]

It's all our fault, apparently.

Scott Morrison tells Australians to be better consumers | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/08/03/scott-morrison-calls-australians-better-consumers/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180803)

[bob10]

Royal commission to quiz super funds on performance. (https://thenewdaily.com.au/money/superannuation/2018/08/03/superannuation-before-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180804)

[bob10]

I don't believe it [ actually I do [bighmmm]]


NAB charged 'fee for no advice' to keep advisers happy | The New Daily (https://thenewdaily.com.au/money/superannuation/2018/08/06/nab-nulis/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180806)

[bob10]

'Fees for no service' scandal continues at royal commission (https://thenewdaily.com.au/money/finance-news/2018/08/06/fees-no-service-scandal-continues-banking-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180806)

[bob10]

'Alone in the dark with our money': Opaque super industry slammed (https://www.msn.com/en-au/money/personalfinance/alone-in-the-dark-with-our-money-opaque-super-industry-slammed/ar-BBLxGnb?ocid=spartandhp)

[bob10]

Here's a breakdown of the $3.4 billion in charges to members of Australia's top 20 super funds (https://www.msn.com/en-au/money/personalfinance/heres-a-breakdown-of-the-dollar34-billion-in-charges-to-members-of-australias-top-20-super-funds/ar-BBLxi2i?ocid=spartandhp)

[bob10]

NAB grilled on decision to grandfather adviser commissions (https://thenewdaily.com.au/money/finance-news/2018/08/06/nab-grandfathering-royal-commission/)

[bob10]

Bank refunds could top $850 million (https://thenewdaily.com.au/money/finance-news/2018/08/07/bank-fines-850-million/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180808)

[bob10]

Criminal charges floated as NAB 'fee-for-no-service' scandal unfolds | The New Daily (https://thenewdaily.com.au/money/superannuation/2018/08/08/royal-commission-nab-commissions/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180808)

[bob10]

AMP, CBA pay price for banking scandals as profits slump (https://thenewdaily.com.au/money/finance-news/2018/08/08/amp-cba-profit-slump/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180808)

[bob10]

The Royal Commission heats up.

'You will not': Bank inquiry gets heated as NAB scandal worsens (https://thenewdaily.com.au/money/finance-news/2018/08/08/royal-commission-nab-asic/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180809)

[bob10]

ASIC fights back.

NAB could face charges over 110 reporting issues | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/08/09/nab-could-face-charges/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180809)

[bob10]

Royal Commission: IOOF kept unfair payments to investors a secret | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/08/10/royal-commission-ioof/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180810)

[bob10]

Super merger collapsed over union representation (https://thenewdaily.com.au/money/finance-news/2018/08/10/super-fund-merger-collapse/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180811)

[bob10]

Plenty of more drama to come.


Comment: High drama as 'baby-faced assassin' puts super trustees in spotlight (https://www.msn.com/en-au/news/australia/comment-high-drama-as-baby-faced-assassin-puts-super-trustees-in-spotlight/ar-BBLKAMZ?ocid=spartandhp)

[bob10]

NAB deliberately kept full amount it owed clients from ASIC | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/08/13/nab-kept-secret/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180813)

[bob10]

NAB boss implicated in disclosure scandal (https://thenewdaily.com.au/money/superannuation/2018/08/13/nab-disclosure-thorburn/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180814)

[bob10]

Hostplus paid out thousands for sports and dining costs | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/08/14/hostplus-paid-thousands/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180814)

[bob10]

CBA broke the law 15,000 times over fees (https://thenewdaily.com.au/money/finance-news/2018/08/14/cba-broke-law/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180815)

[bob10]

AMP ripped off customers with their super in cash. All I can say is, the Royal Commission that our Government fought tooth and nail not to have, has uncovered a huge can of worms.

AMP funds had negative returns in super (https://thenewdaily.com.au/money/superannuation/2018/08/16/amp-negative-returns/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180816)

[bob10]

Banking inquiry accuses NAB and CBA of possible criminal offences (https://www.msn.com/en-au/news/australia/banking-inquiry-accuses-nab-and-cba-of-possible-criminal-offences/ar-BBMoTEW?ocid=spartandhp)

[bob10]

Big royal commission news overshadowed by leadership spill (https://thenewdaily.com.au/money/finance-news/2018/08/27/commbanl-nab-superannuation-charges/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020180828%20-%20XML)

[bob10]

You'd have to ask, what was the agenda?

Government gives up on industry super shake up, for now (https://thenewdaily.com.au/money/superannuation/2018/08/28/government-drops-industry-super-shake-up/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020180829%20-%20XML)

[bob10]

Greed rules.

Rate hike rort: Australian banking an 'oligopoly' says UBS (https://thenewdaily.com.au/money/finance-news/2018/09/06/rate-hike-rort-bank-oligopoly/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180907)

[bob10]

ASIC tries to squeeze millions more from NAB over super scandal | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/09/06/asic-nab-fees-no-service/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180907)

[bob10]

Financial sector slow to clean up its act despite royal commission revelations - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-09-10/financial-sector-slow-to-clean-up-act-despite-royal-commission/10213816)

[bob10]

ClearView could have racked up 303,000 legal breaches (https://thenewdaily.com.au/money/finance-news/2018/09/10/clearview/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180911)

[bob10]

Massive class action against retail super funds.

Massive class action against bank-owned super funds (https://thenewdaily.com.au/money/finance-news/2018/09/11/retail-super-fund-class-action/?utm_source=Adestra&utm_medium=email&utm_campaign=News%20Alert%2020180911)

[bob10]

For-profit funds take a hit off back of royal commission | The New Daily (https://thenewdaily.com.au/money/superannuation/2018/09/11/australians-put-off-for-profit-financial-services/)

[bob10]

Have income protection insurance? Check this out.

Insurance firm hires private eye to avoid payments to nurse (https://thenewdaily.com.au/money/finance-news/2018/09/13/tal-hired-investigator/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%2020180914)

[bob10]

ASIC acts against ANZ over 2015 fund raising (https://thenewdaily.com.au/money/finance-news/2018/09/14/asic-hits-anz/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180914)

[bob10]

Banks taking 1726 days to realise they've broken the law (https://thenewdaily.com.au/money/finance-news/2018/09/25/banks-take-1726-days-realise-theyve-broken-law-asic/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020180925)

[bob10]

Well, whoda thought?

Banking royal commission interim report released; blames greed for misconduct - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-09-28/banking-royal-commission-interim-report-kenneth-hayne/10315908?utm_source=sfmc&utm_medium=email&utm_content=&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940RuralMail_ArticleLink)

[bob10]

A quick recap/


Banking royal commission: Fees for the dead and cash bribes — the greatest shocks (so far) - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-09-08/banking-royal-commission-biggest-scandals/10214238)

[bob10]

How did we get here?
Banking royal commission: How did we get here? - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2017-11-30/banking-royal-commission-how-did-we-get-here/9210248)

[bob10]

Banking royal commission: The financial sector's descent to the fourth circle of hell - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-09-28/banking-royal-commision-timeline/10310800?utm_source=sfmc&utm_medium=email&utm_content=&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940RuralMail_ArticleLink)

[bob10]

All talk so far.

Banks submit to accusations of greed-fuelled misconduct (https://thenewdaily.com.au/money/finance-news/2018/09/28/banks-submit-royal-commission-interim-report/)

[bob10]

The shocking acts that trashed the banks' reputations (https://thenewdaily.com.au/money/finance-news/2018/09/28/banks-shocking-acts-royal-commission/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180929)

[bob10]

Royal commission could prove the downfall of ASIC (https://thenewdaily.com.au/money/finance-news/2018/09/28/royal-commission-downfall-asic/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%2020180929)

[bob10]

Banking royal commission interim report leaves Tasmanian farmers demanding financial redress - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2018-09-29/tasmanian-farmers-demand-financial-redress-from-banks/10318910?utm_source=sfmc&utm_medium=email&utm_content=&utm_campaign=%3a8940&user_id=c17365ab07572ed90614d245ada5ad675f6bc00189 fa766123c70d76d1d7cddf&WT.tsrc=email&WT.mc_id=Email%7c%7c8940RuralMail_ArticleLink)

[bob10]

ASIC, the mega-regulator failing to keep our banks honest | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/10/02/asic-failing-to-regulate-banks/)

[bob10]

We must never forget it took a Royal Commission to get something done. And we must never forget how hard it was to make it happen.


At long last, banks concede defeat on commissions | The New Daily (https://thenewdaily.com.au/money/finance-news/2018/10/10/banks-commissions/?utm_source=Adestra&utm_medium=email&utm_campaign=PM%20Update%2020181010)

[bob10]

Finally, at 4 pm this afternoon, 4/02/2019, the Commissions report will be made public. A quick recap.

This is what to look out for in the Hayne banking royal commission report | The New Daily (https://thenewdaily.com.au/money/finance-news/2019/02/03/banking-royal-commission-report/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020190204)

[bob10]

I can't believe this. Insider trading from Royal Commission leak? Tell me it is not so.

A quick $22 million profit for royal commission insider trading? | The New Daily (https://thenewdaily.com.au/money/finance-news/2019/02/05/royal-commission-insider-trading/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020190206)

[bob10]

NAB announces resignation of chairman and CEO (https://thenewdaily.com.au/money/finance-news/2019/02/07/nab-shares-paused-amid-ceo-speculation/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020190208)

[bob10]

Bank bosses pay under scrutiny.

Sort out bank boss pay or we’ll do it ourselves, regulator says (https://thenewdaily.com.au/money/finance-news/2019/03/27/bank-bosses-pay-apra/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020190328)