To: Prime Minister Malcolm Turnbull

We demand a Banking Industry Royal Commission

It’s time for a royal commission into the Australian banking industry.

Recent allegations of misconduct by the big banks have included:
- Rigging interest rates so they hurt mortgage holders
- Dodgy insurance policies to rip off sick and dying people
- Financial planning scandals which lost customers' retirement savings
- And overcharging people with excessive penalty and late fees.

Enough is enough. Australian workers deserve banks that looks after their interests, not just the interests of CEOs and merchant bankers.

Why is this important?

Australia's big banks mishandle, mismanage and misappropriate our hard earned wages on a daily basis. And the Liberals haven’t done a thing about it. If former investment banker Malcolm Turnbull is serious about cleaning up the banks, he can't sit on his hands any longer while workers are getting ripped off.

We're sick of the way we're being treated by the banks, and believe the best way to get to the bottom of the problems in an industry riddled with fraud, corruption and mismanagement is with a royal commission.

http://www.afr.com/news/politics/labor-flags-royal-commission-into-banks-20160407-go0lsh

Category


Reasons for signing

  • The banks are getting away with too much people having to leave there farms and losing there homes it stinks
  • Banks have harmed more people than unions ever have, and we've had TURC.
  • Do not like being threatened by bank lobby groups. Makes me think they have something to hide

Updates

2016-09-09 05:40:33 +1000

500 signatures reached

2016-04-08 20:20:43 +1000

100 signatures reached

2016-04-08 17:53:36 +1000

50 signatures reached

2016-04-08 16:36:43 +1000

25 signatures reached

2016-04-08 16:05:06 +1000

10 signatures reached