The Australian Financial Review’s favourite banker, Commonwealth Bank chief executive Matt Comyn, must have blushed when he read The AFR View “Bank bosses who speak the truth on tax and reform”.
One might imagine a rather different response from former High Court judge and banking royal commissioner Ken Hayne, who proffered six key principles for the future of banking in Australia when handing down his key findings in February 2019. They were: “obey the law”, “do not mislead or deceive”, “be fair”, “provide services that are fit for purpose”, “deliver services with reasonable care and skill” and “when acting for another, act in the best interests of that other”.