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Why ASIC cannot do the job : Comments
By Max Atkinson, published 19/7/2016The aim is to serve coalition free market policies on banking and financial services, but without raising apprehension that the government will influence ASIC's judgment of what constitutes unfair treatment of consumers.
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As always in politics, he who pays the piper calls the tune? And in some cases may even purchase the very best democracy money can buy?
Were that not the case? We would have already had a royal commision into one of the most profitable banking systems anywhere, surely?
Alan B.