Organisation
Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was established on 14 December 2017 by the former Governor-General of the Commonwealth of Australia, His Excellency General the Honourable Sir Peter Cosgrove AK MC (Retd) to enquire into misconduct in the banking, superannuation and financial services industry.
The Governor-General issued Letters Patent which formally appointed High Court Judge the Honourable Kenneth Madison Hayne AC QC as the Royal Commissioner and outlined the terms of reference for the inquiry.
The Commissioner submitted his final report to the Governor-General on 1 February 2019. The final report was tabled in the Australian Parliament on 4 February 2019.
Briefing paper
Consumer interactions with the superannuation industry: background paper 22
This paper considers the superannuation system from the consumer (or member) perspective, discussing how a consumer enters the superannuation market, interacts with superannuation fund trustees and accesses their superannuation at retirement.
Briefing paper
Overview of key regulatory reforms in superannuation: background paper 23
This paper provides a summary of major financial system reforms over the past twenty-five years, focussing primarily on regulatory reforms affecting superannuation funds.
Briefing paper
Aboriginal and Torres Strait Islander consumers’ interactions with financial services: background paper 21
This paper provides context for Aboriginal and Torres Strait Islander consumers’ interactions with banking and financial services, especially in remote areas across Australia. It also provides background information and detail on Australian government policies and programs relating to Indigenous Australians.
Briefing paper
Aboriginal and Torres Strait Islander consumers of financial products: background paper 19
This paper provides information on the interactions of Aboriginal and Torres Strait Islander people with financial institutions, including banks, insurers and superannuation funds.
Briefing paper
Request for information: natural disaster insurance
This paper was prepared in response to a request made by the Royal Commission.The issue of natural disaster insurance has been examined extensively in a series of inquiries in recent years. The matters that have been subject to scrutiny fall into two broad (and somewhat overlapping) categories: availability and affordability of natural disaster insurance, and...