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.

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 logo

Latest News

The expiry of the interest-only period is set to place 13 per cent of property investors in financial stress, according to new research. ...

Fiscal stability has helped reaffirm Australia’s AAA credit rating, which could come under pressure if the housing market experiences a sh...

The corporate watchdog is urging ASIC-regulated entities to submit business metrics into a new portal ahead of an impending deadline. ...

FROM THE WEB

podcast

LATEST PODCAST: How technology is merging the property and finance sectors

Is enough being done to ensure responsible lending?