Australian Government who was forced into having a Royal Commission should be ashamed of past performance on banking sector
If you are a politician, what do you do when your bad judgement — or worse — has been dramatically called out for all to see and you have an election coming up.
Will they pass the buck and blame the regulator who has asked for more powers for years and been starved of funds by this government.
That's the question which has faced the Government as appalling behaviour by the Commonwealth Bank, AMP and Westpac has been revealed this week at the royal commission into misconduct in the banking, superannuation and financial services industry.
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