Report next week - banking RC

  1. 53 Posts.
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    So the Royal Commission report is due out next week and the evening news today showed that commissioner Hayne wouldn't shake hands with the treasuer.

    When the media asked "arent you going to shake hands?", Ken Hayne bluntly said "nope".

    This leads me to believe there has been a massive falling out between the two .

    Given this is election year, the treasurer probably tried to influence the report to give house prices a SOFTER landing than they otherwise will have.

    Ken Haynes would have politely said "bugger off, I'm going to say it as it is"

    "If that means banks stop their dodgy lending practices which artificially pushes up house prices, then so be it."

    Alternatively he may have succumbed to the pressure. 

    Interesting times await us next week.

    What are people's thoughts?
 
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