National Australia Bank and ANZ bosses are set to be questioned at the House of Representatives economics committee on Wednesday.
ANZ CEO Shayne Elliot and NAB interim boss Philip Chronican are expected to be asked about the financial institution's operations in the wake of the banking royal commission's findings. Commonwealth Bank and Westpac bosses faced the committee questioning earlier this month.
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Big bank's accountability is 'questionable': Tim Wilson | Sky News AustraliaANZ says 'it wouldn't be surprised' if it faces charges following the banking royal commission.\n\nNAB and ANZ executives are being questioned on how they are responding to the damning findings from the inquiry.\n\nLiberal MP Tim Wilson says it's important to 'apply a degree of scrutiny with how the banks are running', stating that the Royal Commission found that the degree of accountability through every level of the bank was 'questionable'.\n\nImage: News Corp Australia\n\n\n\n\n\n\n Might be the smartest thing Tim Wilson has ever said
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NAB to scrap scandal-plagued Introducer ProgramNational Australia Bank will dump its controversial Introducer Program to clean up its reputation in the wake of the banking royal commission's findings.
Source: abcnews - 🏆 5. / 83 Read more »
Troubled NT Labor Government loses another MP | Sky News AustraliaThe troubled Northern Territory Labor Government has been thrown deeper into crisis with another MP announcing she won’t be recontesting the next election. \n\nMember for Katherine, Sandra Nelson won't run at next year’s election after it was revealed she was among a group of MPs who had criticised the government’s handling of the economy in a private Facebook group. \n\nIt follows the sacking of three other MLAs just before Christmas after they spoke out about the performance of Chief Minister Michael Gunner.\n\n\n\n Those comparing the Federal government to a sinking ship should cast their gaze to the totally dysfunctional mob in the NT. Receivers are way overdue.
Source: SkyNewsAust - 🏆 7. / 78 Read more »