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"Max, it won't happen. imho, the Senate Inquiry is for show...

  1. 46,671 Posts.
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    "Max, it won't happen. imho, the Senate Inquiry is for show only. no change real or fair will come of it as far as retail and retired investors are concerned. I'd really like to be wrong but Australia's government has let its people down many times"

    Greenpines I agree - I said to ROH that senate inquiries are a paper tiger when he drew a comparison with the Fitzgerald inquiry that brought down the QLD government - A royal commission is the only thing that could make any meaningful changes and its not going to happen.

    Stock market reform first has to happen on Wall street then the rest of the world may follow - Australia will not be the trailblazer in financial reform unfortunately .

    hOOt
 
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