Financial Counselling Australia and ASIC testify at the Banking Royal Commission
Channel: Banking Royal Commission
Date: 2018-07-31

[4.13] 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.

Witness statements:
https://bit.ly/2uXMh2S (Edwards)
https://bit.ly/2vll2iu (Boyle)

Exhibits:
https://bit.ly/2LAaIy0

Transcript:
https://bit.ly/2OuqXum

Testimony held during the fourth round of public hearings on issues affecting Australians who live in remote and regional communities at the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video.

Video Source: https://bit.ly/2XBSBKh
Copyright information: https://bit.ly/2K2JMl2
Creative Commons license information: https://bit.ly/1rMF155

Whilst permitted under its Creative Commons licence, the republication of this content on YouTube is not officially endorsed by the Royal Commission nor the Commonwealth of Australia.

© Commonwealth of Australia 2018.

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