Banking Royal Commission

CBA & BANKWEST UNDER FIRE OVER PUB BANKRUPTCIES

The high-profile Royal Commission into Australia’s banks has turned the spotlight on commercial practices – particularly the wake of foreclosures on pubs by Bankwest post-GFC. The controversial practice of ‘non-monetary default’ clauses has been in discussion at the Commission, prompted by testimony of former Bankwest customers owing commercial loans on hotels. Testimony has centred on […]

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BANKING ROYAL COMMISSION QUESTIONS ETHICS AROUND LETTING DRUNK IDIOTS USE PAYWAVE AT PUB

By CLANCY OVERELL | Editor – Betoota Advocate The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has announced today that banks could come under fire for letting pissed morons use PayWave when paying for 13 jagerbombs. The Royal Commission into banks has already heard horror stories about predatory lending and dodgy financial

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