Updated
The banking royal commission hears how Bankwest, owned by the Commonwealth Bank, unilaterally altered business borrowers' loan terms.
At one point, a CBA's explanation of one of the loan conditions prompted the commissioner to draw parallels to Monty Python's dead parrot skit.
See how the day's events unfolded in our live blog.
Topics: banking, royal-commissions, small-business, australia
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Super choice recommended
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The average 1950s Australian housewife probably spent more time on chores in one day than you do all week.
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