Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
Most Australians don’t trust bank managers

Most Australians don’t trust bank managers

Bank managers are increasingly losing the respect and trust of their customers, according to a new survey.

Roy Morgan’s Image of Professions Survey 2015 found that only 34 per cent of Australians see bank management as an ethical and honest profession – down 9 percentage points from 2014.

The survey revealed that accounting is the most ethical and honest of the finance occupations according to 45 per cent of Australians, while just 24 per cent consider financial planners as moral and trustworthy.

Advertisement
Advertisement

Customers have even less trust in stock brokers and insurance brokers, with 12 per cent and 11 per cent of Australians respectively regarding these professions as ethical and honest.

Only 9 per cent of Australians see real estate agents as ethical and honest – the worst of the finance professions.

The top five most ethical and trusted professions were nurses (92 per cent), pharmacists (84 per cent), doctors (84 per cent), school teachers (78 per cent) and engineers (74 per cent).

Most Australians don’t trust bank managers
mortgagebusiness

 

Latest News

Three more lenders have announced cuts to their interest rate floors for home loan serviceability assessments in response to APRA’s new gu...

Mortgage-holders are wasting approximately $4.2 billion annually in “unnecessary” interest costs, according to new research. ...

Property price declines have wiped approximately $5.5 billion in revenue from state government budgets, according to a new analysis from Moo...

FROM THE WEB
podcast

LATEST PODCAST: New banks and bank CEOs

Do you think the banking royal commission recommendations could negatively impact competition in the mortgage market?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.