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4.13 – Financial Counselling Australia and ASIC testify at the Banking Royal Commission

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Lynda Edwards, Financial Capability Coordinator at Financial Counselling Australia, and Nathan Boyle, analyst for the Indigenous Outreach Program at the Australian Securities and Investments Commission (ASIC), give evidence on how Aboriginal people with poor financial literacy are routinely targeted to buy useless insurance, dud cars and high-interest loans.

(AUDIO MISSING FOR THE FIRST 2:21)

Recorded on 3 July 2018 at the Supreme Court of the Northern Territory, Darwin.

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