Shopping cart is empty.
This catalog has no sub-catalogs.

Banking Bad: How Corporate Greed & Broken Governance Failed Australia

  • $35.00  
  •  (retail price )
  • (quantity currently in stock: 6)
  • Banking Bad: How Corporate Greed & Broken Governance Failed Australia 
    Title: Banking Bad: How Corporate Greed & Broken Governance Failed Australia
    Author: FERGUSON ADELE
    Format: PAPERBACK
    Publication date: 05/08/2019
    Imprint: ABC BOOKS
    Price: $35.00
    Publishing status: Active

    The shocking truth about Australia's financial institutions, as told by the journalist who did most to bring about Australia's banking royal commission. Against all the odds Australia ended up with a banking royal commission. Since hearings began in 2018, revelations about banking and insurance company practices have rocked the nation. Even defenders of the banks have been blindsided. In Banking Bad, Adele Ferguson traces the origins of the banking scandal to the early 1990s, when buckets of money began pouring into compulsory superannuation funds, set up by Labor Treasurer Paul Keating. Attracted by the increasing cash, banks devised corrupt and questionable practices to get their hands on funds, along with aggressive selling practices that ignored due diligence, trust and honesty. Drawing on her multiple sources who led her to break the story of malpractice - the individuals, business owners, farmers and ordinary people who lost everything - Adele also looks at the falls from grace at the hands of the royal commission of some of the country's most highly ranked captains of industry, the failure of regulators and recommendations of the commissioner, Kenneth Hayne. And she asks whereto from here? This is a book every person with a bank account should read and learn from.

    ISBN: 9780733340116
     *Titles in stock are generally despatched within 24 hours. Titles not in stock are obtained from their supplier, generally within 7-14 days; we'll notify you of any delays or price changes. We only charge your credit card for titles once they are in stock and ready for despatch.