Banks pay $200 million for their 'bastardry'

• COMMENT

In the year to June 30, 2016 ASIC clawed back more than $200 million in compensation for customers and investors who suffered losses due to “bank bastardry”.

Why we trust Uber drivers but not banks

• COMMENT

A global banking survey by Ernst & Young has quantified the trust gap between customers and banks.

7-Eleven focus of new state-based investigation

Scandal-plagued convenience store chain 7-Eleven and its franchisees are under investigation from the Victorian and NSW state governments over their alleged failure to pay state payroll tax.

Counting the cost of banks breaking bad

• COMMENT

When the big four banks are called to parliament to face their first public hearings on October 4, 5 and 6 it is worth remembering that financial misconduct isn’t unique to Australia.

Parliament to grill life insurers on payouts

• COMMENT

The $44 billion life insurance industry will face a powerful inquiry. It can't come soon enough

Horror at 7-Eleven: no compensation and no goodwill for franchisees

• COMMENT

The alleged 'bullying' tactics waged against 7-Eleven franchisee Helen Ren by head office has sent chills through the convenience store giant’s franchise network.

97-year-old fights CBA for compensation

• EXCLUSIVE

A 97-year-old victim of banned Commonwealth Bank star financial planner 'dodgy' Don Nguyen, is fighting the bank for compensation.

Half-baked life insurance code needs more work

• COMMENT

As the clock starts ticking on the introduction of a code of conduct for the scandal-ridden life insurance industry, the sector needs to think carefully about releasing a half baked code as calls for a royal commission get louder.

7-Eleven needs to wake up to itself

• COMMENT

With revelations 7-Eleven stores are still plagued with wage fraud, it is disappointing to see the government fail to include worker exploitation in its 25 priority policy list.