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Royal commission scandals are the result of poor financial regulation, not literacy

  • Written by Levon Ellen Blue, Lecturer, Queensland University of Technology

Thousands of Aboriginal people were sold unsuitable financial products and vulnerable consumers are targeted by instant cash loan machines because the financial landscape supports predatory practices.

And insurance agents were able to exploit and target Aboriginal people because the industry isn’t fully regulated.

The cultural, economic and...

Read more: Royal commission scandals are the result of poor financial regulation, not literacy

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