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Frydenberg's directions to ASIC throw the banking royal commission under a bus

  • Written by Andrew Schmulow, Senior Lecturer, Faculty of Law, University of Wollongong
Frydenberg's directions to ASIC throw the banking royal commission under a busMick Tsikas/AAP

For Australia’s habitually-abused financial consumers it’s Back to the Future (minus the DeLorean).

Treasurer Josh Frydenberg appears to have thrown the most important findings of the banking royal commission under a bus, in glorious double-speak.

On Thursday he issued a direction to the Australian Securities and...

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