on 05/02/2019 - 11:45Last edited 05/02/2019 - 13:35 by 2 other users

Moved to Forum: Original Link

An enthralling 1000-page read! Perfect for those nights where you just can't get to sleep.

A maximum of 5 copies can be ordered per party.

Mod: As per description above, this was originally posted as a deal/joke post. Moved to forums so discussion on this subject can continue.

PDF Copy available via this link

Key Points

The final report recommends financial watchdogs consider criminal charges against unnamed organisations linked to the "fees for no service" scandal.

ASIC will become the primary conduct regulator overseeing superannuation.

The Government has now agreed to create a national farm-debt-mediation scheme that would assist borrowers to address financial difficulties that have caused loans to become distressed.

The Government will establish a so-called compensation scheme of last resort to allow consumers and small businesses, who have been failed by financial firms, to have their cases heard.

Some of the mortgage-broking industry's worst fears are contained in the final report, with the commission recommending the industry move from a commission-based to fee-based model.

Buying a Car: The final report recommends moving to a deferred sales model, meaning customers could think about whether they actually need the extra insurance.

See ABC article for more information