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What a banking Royal Commission means for investors and superannuants

This video must be taken in its entirely and any given chapter viewed in isolation does not represent the entire message.

A dip in the value of listed financial stocks including Australia’s Big Four banks the day the federal government announced a Royal Commission into the banking, superannuation and financial services industry, could be a sign of things to come for shareholders in the country’s most widely held institutions.  

The long heralded Royal Commission into the banking industry could have the effect of a “cloud of doubt” hanging over banks and financial for the next 12 months or so, says Dr Shane Oliver, AMP Capital’s Head of Investment Strategy and Chief Economist.

AMP Capital TV