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Small business ombudsman Kate Carnell backs banking tribunal

A royal commission into the banking sector would not help businesses struggling with banking disputes, says small business ombudsman Kate Carnell, urging “immediate action” by government to prevent a stifling effect on economic growth.

Small business ombudsman Kate Carnell backs banking tribunal
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Amid political debate over how best to respond to community concerns about banking, the former head of the Australian Chamber of Commerce and Industry says bank-related complaints are a key concern of small businesses, many of which struggle with revaluations of businesses and the impairment of loans.

Read the full story at The Australian.

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