Labor establishes senate inquiry to hear cases of financial rip offs.

Today a Senate inquiry was established to examine cases of wrongdoing in the banking and financial services sector and to allow victims of financial misconduct scandals and rip offs to have their voices heard. The Senate voted 40-25 in favour of the establishment of the inquiry with only Government Senators voting to oppose it. The inquiry will also look closely at existing legislative and regulatory frameworks to ensure they have Australian consumers best interests at their core. 

Senator Katy Gallagher – Susie Bennell speaks to MANSAM about the SR Group.