LETTER TO THE TREASURER
ROBERT REGAN

Dear Mr Frydenberg,

I was more than happy to appear before the Financial Services Royal Commission. I was able to answer what questions were put before me, and also contribute with my own perspective on how the ANZ Bank had treated me.

I was hoping for closure for myself, and all others affected and also hoping the Commission would bring the major banks into line

I am shocked in your decision to go against what was fought for by the Royal Commission, and those people who were so badly affected by the actions of the major banks and their subsidiaries, and agents. You stated about your “important meeting with Consumer Action Law Centre and a member of bank victims, hearing their personal stories and discussing steps to protect consumers”. I, and others affected and concerned by the behaviour of the banks would like to know your standing on this matter. Why have you changed your mind and attitude towards the banks?

If Australia can’t have the support of the Treasurer against misconduct in the banking, superannuation and financial services, then we, as a democratic nation are in trouble.

If Australia can’t have the support of the Treasurer against misconduct in the banking, superannuation and financial services, then we, as a democratic nation are in trouble.

The Royal Commission was brought about to stamp out irresponsible lending by banks and crippling debt which was putting Australians at risk of bankruptcy, homelessness and suicide.

Regards and Best Wishes,

Robert Regan