SYDNEY, Sept 28 (Reuters) - A powerful inquiry into Australia's financial industry on Friday delivered a scathing assessment of the sector's culture, conduct and compliance, Treasurer Josh Frydenberg said.
The release of the interim report comes after several months of revelations of systemic wrongdoing across the financial sector, hurting the share prices of some of Australia's biggest companies and prompting several executive resignations.
"Banks and other financial institutions have put profits before people," Frydenberg told reporters in Melbourne.
News: SUN Australia's financial sector condemned in interim inquiry report
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.55 |
Change
0.065(0.32%) |
Mkt cap ! $22.19B | |||
| Open | High | Low | Value | Volume |
| $20.36 | $20.56 | $20.28 | $21.70M | 1.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1471 | $20.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.55 | 4742 | 40 |
View Market Depth
| Last trade - 15.43pm 29/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |