Commonwealth Bank of Australia Emerges From Probe Turmoil With Steady Profit

The transcript discusses the challenges faced by Australian banks, focusing on compliance, risk, and the Royal Commission's findings. It highlights the mortgage market's significance, CBA's growth despite competitive pressures, and the housing market's impact on bank share prices. The Royal Commission's limited impact on mortgage underwriting and structural separation is critiqued, emphasizing the need for better enforcement of existing regulations.

In what ways does the speaker believe the Royal Commission has fallen short in addressing issues within the mortgage industry?

What underlying belief does the speaker express regarding the regulation of the mortgage market?