Commonwealth Bank sponsorship of Australian of the Year is completely inappropriate.
The bank is currently at the centre of the banking royal commission and potentially facing thousands of criminal and civil charges as a result.
Commonwealth Bank has been found to be charging fees to dead people and charging fees for services that were never provided, alongside almost every other type of exploitation and fraud it is possible for a bank to commit.
Allowing a disgraced bank to use a national institution to repair its image is a disgrace.
We call on the National Australia Day Council to end the bank’s inappropriate sponsorship of the Australian of the Year awards.
Why is this important?
It is hard to imagine an organisation less suitable to sponsor an award which symbolises the best of Australian society.
Commonwealth Bank has been found to be entirely morally bankrupt – an organisation which has for decades profited by exploiting the trust of the Australian people, enriching itself at the expense of hard-working Australians.
It has swindled working people – including its own workers – and destroyed lives.
This disgraced company has no business sponsoring our highest national honour.
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