"The report does not go far enough. There should be greater consequences for the executives involved."
"While the $1B regulatory capital retention mandated by APRA is significant, that cost will just be passed back to the shareholders."
"It boils down to three issues: competence, culture and incentives. Because there have not been any real consequences for the executives, they will not be correcting the past."
Dr John Vaz
(03) 9903 4185 (this number will default to his mobile phone)
Julie McBeth
Editor (Impact) and Media Advisor
Monash Business School
T: +61 3 9903 1616 E: mailto:[email protected]
M: T: +61 418992485
For more news from the Monash Business School stories, visit Impact ---
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