Crimes, radical changes to super, home lending from Hayne final report

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Banks face the prospect of criminal charges while the superannuation and home loan sectors are likely to be radically overhauled, in the wake of sweeping recommendations for change from the…

  • By Sarah Danckert, Clancy Yeates & Eryk Bagshaw
  • The Sydney Morning Herald

A slew of banks and insurance companies have also been referred to financial regulators overseeing the sector for civil and criminal breaches relating to their superannuation and…

However, the report stopped short of making any radical changes to responsible lending requirements, which should alleviate concerns about a credit crunch that could worsen the…

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