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Business to pay as ASIC gets more bite

Consumers who suffer at the hands of the banks will be able to seek redress at a new forum to hear their complaints as Scott Morrison cracks down on big lenders to counter Labor’s call for a royal commission into the sector.

Business to pay as ASIC gets more bite
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Hitting corporate Australia with more than $300 million in ­annual levies, the Treasurer declared that companies would have to pay for a toughened regulator to police misconduct.

Read the full story at The Australian.

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