Royal Commi$$ion into the big 4

Is it time to take aim at the banks? Recent controversies around CommInsure and huge profits earned have left a bad taste in many Australians mouths.

Bill Shorten is promising a Royal Commission into banking and financial services if he’s elected later this year. Now voices from both sides of the bench are calling for more scrutiny on the practices of banks and financial services. We’re all distrustful of the moneylenders, but at an estimated cost of 53 million dollars…will it be worth our time and money?

To find out more we had a chat with David Hetherington, Executive Director of the progressive think tank Pro Capita.

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