The banking industry overseer wants more powers, but will it get them? - ABC News

Three years after it was formed, the committee enforcing breaches of the Banking Code of Practice has used its most serious sanction just twice. That power is writing the name of a bank on a report.

Banks have paid more than $1.8 billion in compensation since the Hayne royal commission, but a $15 cheque shows they still have a long way to go with treating customers better.  Key points:

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