Banks Using Smoke and Mirrors Again

It's not a new code that is required ... it's honesty, ethics & accountability

Summary: 

It's pretty hard to trust Anna Bligh and the Australian Banking Association when you consider the history of banking in Australia since the first Code of Conduct came into existence in 1993. The Soviet Union had possibly the finest documentation protecting the Human Rights of its citizens. Words on paper don't cut it..!! The system must be structured to serve the people's legitimate needs and interests. The Banking Codes have always served the interests of the banks. The new code is no different. But don't worry folks ...... there is light at the end of this long and torturous tunnel.

Article Information
Category: 
Author: 
Liam Walsh
Source: 
AFR
Date First Published: 
30 Jun 2019
Posted By
Peter Brandson
Peter Brandson's picture

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