Author Evening with Adele Ferguson
Award-winning Journalist Adele Ferguson will be speaking about her book, “Banking Bad” at the Barry O’Keefe Library in August.
The shocking truth about Australia’s financial institutions, as told by the journalist who did most to bring about Australia’s banking royal commission.
Against the odds, Australia ended up with a banking royal commission. As hearings progressed in 2018, revelations about banking and insurance practices rocked the nation. Even defenders of the banks were blindsided.
In Banking Bad, Adele Ferguson traces the origins of the banking scandal to the early 1990s, when buckets of money began pouring into compulsory superannuation funds, set up by Labor Treasurer Paul Keating. Attracted by the increasing cash, banks devised corrupt or questionable practices to get their hands on funds, along with aggressive selling practices that ignored due diligence, trust and honesty.
Pre-paid online bookings essential.