Absolutely imperative we have a Royal Commission into Banks. 600,000 unaffordable,unverified loans approved to low income families. Involves $300 Billion estimated sub prime Low Doc Loans. These are significant stats and complaints over 15 year period. Mums and Dads deserve to see truth in banking for a change instead of fraudulent Loan App Forms. Economists agree on worrying consequences for the Economy. "Bankers have trashed their lending standards." Needs to be properly assessed, not swept under the Bankers' carpet. Calculators engineered by Banks to exaggerate incomes remain hidden. Why? BFCSA Banking & Finance Consumers Support Association
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