The royal commission should result not only in new regulation, but new education
- Written by Dirk Baur, Professor of Finance, University of Western Australia
The Financial Services Royal Commission has not only shown that banks and their representatives have behaved appallingly, but that we need better-educated consumers.
It is naive not to expect new schemes will pop up to replace the now (or soon to be) banned practices. There is a clear pattern of repeating unconscionable behaviour in the financial...
