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.
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.
