Australian banks

ASIC flooded with banking complaints

Leith van Onselen
Thursday 31 May 2018
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By Leith van Onselen

The Australian Securities and Investments Commission (ASIC) has told a Senate Estimates committee that its has been flooded with complaints about financial misconduct. From The ABC:

Customer complaints about banks to the Australian Securities and Investments Commission (ASIC) are up almost 20 per cent in the year to April.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.