RBA Cash Rate: 4.10% · 1AUD = 0.72 USD · Inflation: 3.7%

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Example Interest Rates: Home Loan Variable: 5.24% (5.24%*) • Home Loan Fixed: 5.24% (5.75%*) • Fixed: 5.24% (5.75%*) • Variable: 5.24% (5.24%*) • Investment IO: 5.64% (5.99%*) • Investment PI: 5.44% (5.95%*)

6.18 – The peak lobbyist at the Insurance Council of Australia testifies at the Royal Commission

Views 54 Likes 1 Dislikes 0 Published January 1, 2021, 8:06 am

Robert Whelan, Executive Director & CEO of the Insurance Council of Australia lobby group, is being questioned over self-regulation in the insurance industry through its Code of Practice and the fact that not a single company was sanctioned despite 31,000 breaches being recorded.

Recorded on 21 September 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

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