It's A Great Time To Be A Corporate Crook In Australia

The misdemeanours of the Commonwealth Bank reveal the need for stronger checks on the finance industry – but the Coalition are ensuring our weak regulators become even weaker, writes Ben Eltham.

Australia has a banking problem. That’s the inescapable conclusion to be drawn from the Commonwealth Bank’s massive financial planning scandal – a scandal that the bank has steadfastly refused to address, until public pressure forced it to today.