The royal commission results are in and it’s grim reading. Banks and cornerstone financial institutions have been taken to task over their indefensible treatment of loyal customers and the recommendations will be accepted in full by the Government, as they should be.
Banking royal commission findings: no directive to further tighten lending
The royal commission final report, handed down on Monday, did not recommend banks further tighten their lending practices, with the desired outcome on lending having already been met.
