Turnbull under pressure as crossbench, Greens join forces for banking commission
Pressure is building on the federal government to launch a royal commission into Australia's scandal-plagued banking system.
Adele Ferguson comments on companies, markets and the economy.
Pressure is building on the federal government to launch a royal commission into Australia's scandal-plagued banking system.
Come Thursday a royal commission or commission of inquiry into the scandal-ridden banking sector will become a live issue in Parliament.
A report into the financial planning arms of the big four banks and AMP found 185 planners were "dishonest, illegal, deceptive and/or fraudulent" in their dealings with customers.
One of Domino's Pizza's biggest and most powerful franchisees is being investigated by the workplace regulator amid allegations of worker exploitation.
Embattled pizza giant Domino's has kicked a Queensland store owner out of its network after a Fairfax investigation caught him offering to sell a visa sponsorship for up to $150,000.
Dial 1300 Domino's to order pizza or to make a complaint to the Fair Work Ombudsman.
When a company becomes embroiled in headlines that include young adults taking part in humiliating simulated sex act rituals, cross dressing or slithering on their bellies in a "sluggie" race as punishment for not meeting sales targets, it grabs attention.
“It reminds me of Jim Hacker in Yes Minister visiting St Edwards, a hospital that had no patients,” an incredulous shadow minister for treasury Matt Thistlethwaite told the CBA boss Ian Narev after grilling him about an “independent” report into its life insurance division.
“I’m just a dumb broken down old shearer, a frustrated Senator John Williams said as he repeated the question “did Deloitte speak to customers, yes or no?”
CBA paid Deloitte to “independently” investigate its life insurance division and received a report that found no systemic issues or misconduct.
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