FINANCE Hayne royal commission sets agenda for bank reform*

The final report into the banking system by Royal Commissioner Kenneth Hayne, a former High Court judge, has documented systematic abuses of power by the “Big Four” banks, as well as finance brokers and some non-bank financial institutions. Royal Commissioner Kenneth Hayne The Federal Government established the commission to investigate and make recommendations to deal with misconduct in the banking, superannuation and financial services industry. Mr Hayne’s report sho…

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