Finance

Banking code remains unfair to small business says Ombudsman

- October 30, 2018 2 MIN READ

The banking code needs a major overhaul to address unfair treatment of small businesses, according to a submission lodged by the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, on the interim report of the Banking Royal Commission. “Commissioner Hayne reported that the ‘chief protection for small business borrowers … remains the code’, so unless… Read more »