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
Request for information - reforms to consumer lending: background paper 5
Reforms are being introduced to improve the efficiency and level of competition in consumer lending, with a goal of driving better pricing, enhanced access to finance and new products and services.
Briefing paper
Everyday consumer credit - overview of Australian law regulating consumer home loans, credit cards and car loans: background paper 4
This background paper provides an overview of consumer credit protection law and regulation in Australia and an analysis of the interaction between the regimes.
Briefing paper
Some features of car financing in Australia: background paper 3
This background paper provides information about car financing in Australia, including the range of participants and their relationship to car dealers, the relative market share of various participants, the size of the sector and the profitability of the sector.
Briefing paper
Some features of the Australian mortgage broking industry: background paper 2
This background paper provides information about two particular industry participants in the Australian mortgage broking market, mortgage brokers and mortgage aggregators, some features of the Australian mortgage broking industry and the main services provided by mortgage brokers and mortgage aggregators.
Briefing paper
Some features of the Australian banking industry: background paper 1
This background paper provides information about the range of Australian banking industry participants, the relative market share of those participants, the size of the Australian banking industry, the range of products offered and the profitability of the sector.