The banking royal commission has exposed a sick, rotten leadership culture in the big banks that have swindled working people and destroyed lives.

And it never would have happened if Liberal MP Lucy Wicks had her way.

Local victims of banking misconduct urged Mrs Wicks to support a banking royal commission but she ignored them and instead voted 27 times to block it.

Now Mrs Wicks is supporting a push to give banks more access to workers’ retirement savings.

  Lucy Wicks voting against motion to support banking Royal Commission.  SOURCE: Hansard

Lucy Wicks voting against motion to support banking Royal Commission.
SOURCE: Hansard

 


10 dodgy bank practices the royal commission has exposed

  1. Charging fees for no service

  2. Illegally leaving customers in higher-fee accounts

  3. Charging the dead

  4. Abusing children’s saving programs

  5. Breaching laws that stop people laundering money

  6. Breaching laws that stop people financing terrorism

  7. Deceiving the regulator

  8. Market rigging

  9. Giving dodgy advice

  10. Forging documents