ASIC flooded with banking complaints

Wednesday 30 May 2018

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.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.