Banks Too Slow To Compensate Victims

Are the banks fit for purpose?


Questions need to be asked about the state of Australia's banking system. Clearly there is something very wrong when billions of dollars are being set aside to remediate clients who have been ripped off one way or another. The banking model is flawed. It is not designed to provide a meaningful service to customers. Banking is taking far too much of the county's wealth to benefit international elite interests. This powerful article from The Australian's Joyce Moullakis is well worth a read. It will trigger thoughts regarding the nature of the banks' commitment to remediation. A lot of money has been set aside - but how much will actually end up in customers' pockets?

Article Information
Joyce Moullakis
The Australian - Buinesss Review
Date First Published: 
15 Nov 2019
Posted By
Peter Brandson
Peter Brandson's picture

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