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Australian government could accept almost all Hayne report recommendations.

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M2 EQUITYBITES-February 4, 2019--Australian government could accept almost all Hayne report recommendations

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Global Banking News - 04 February 2019

The Australian government is expected to accept almost all of the recommendations made by the Hayne report, which would mean the nation's banking sector having to undergo drastic changes.

The repercussions from the royal commission are now expected to overhaul the banking, superannuation and financial advice industries in Australia. The report is to be formally released this afternoon and the government is expected to release an interim response immediately. The government had received the report on Friday and has had time to peruse it over...

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