Financial system coping with downturn

By Colin Brinsden
Updated August 5 2020 - 3:21pm, first published 3:15pm
ASIC expects almost $3 billion will be returned to wronged bank customers during the next 18 months.
ASIC expects almost $3 billion will be returned to wronged bank customers during the next 18 months.

Australia's banking watchdog is throwing extra resources at ensuring the nation's financial system copes with the most significant economic downturn since the Great Depression.

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