Watch­dogs aren’t bark­ing

The Daily Telegraph (Sydney) - - Letters -

Re­gard­ing the pro­posed royal com­mis­sion into the banks, which I fully sup­port, it con­cerns me that such a move is nec­es­sary when we have the fol­low­ing al­ready at our dis­posal: ACCC, ASIC, APRA, Fi­nan­cial Om­buds­man Ser­vice and Fair Trad­ing ad­min­is­tra­tions.

If these or­gan­i­sa­tions were do­ing their jobs, surely there would be no need for a royal com­mis­sion? Forbes Roberts, Hill Top

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