Media Coverage

Bruce Ford and his work on banking matters has been featured on television and radio programs such as:

The ABC's - 7:30 Report:

Bruce Ford interviewed by the 7:30 report

"The National Australia Bank has come in for particular critisism accused of 'unconscionable conduct' towards borrowers who have lost everything."

Click here and select Broadband to view the video of the story.

 

The ABC's - 7:30 Report:

The Commonwealth Bank of Australia's internal investigation acknowledged "the bank could 
be facing rather large and embarrassing claims of fraud". 

Click here and select Broadband to view the video of the story.

See related stories:  ABC AM Radio and myZoo.

 

The ABC's - 7:30 Report:

Bruce Ford's email to then Minister Ian Macdonald office reveals that his office "was advised 
five years ago that Grant Edmonds had been the subject of an internal Commonwealth Bank
investigation into fraudulent conduct at the bank."

Click here and select Broadband to view the video of the story.

See related stories: Sydney Morning Herald.

 

NSW Legislative Council - Hansard:

The investigation into the Commonwealth Bank's employee Mr Edmonds "uncovered evidende that Mr Edmonds approved risky loans and found that he was complicit in the use of fake company seals, had forged signatures, and had opened accounts in fictitious names" and "Five years ago consumer advocate Bruce Ford informed Mr Macdonald's office of Mr Edmonds' fraudulent activities."

Click here to see the hansard excerpt.

The ABC's - Law Report

"The dispute resolution processes provided by the banks are seriously lacking. It has a number of failures in that it's banks simply a) not offering it as they should, in accordance with the industry code, or even in circumstances where it does get provided, the bank is not acting fair and reasonably throughout that process."

Click here to view the transcript.

Channel 9 - A Current Affair

A current affair interview on shadow ledgers

Senator Stephen Conroy:

"...it would have made it much harder to get the Commonwealth Bank to put up their hand, admit they were wrong... It's only because of the publicity that this received and Mr Ford's determination to see this issue through."

 

The ABC's - 4 Corners - Andrew Fowler

(Journalist): "In the following months, Ford and Murray discovered a publicly little-known bank practice know as "shadow ledgers…"

Wendy Murray interviewed on 4 cornersBruce Ford interviewed in 'Party Tricks'

Others

Additional radio and TV programs Bruce Ford has been featured in include;

  • Channel 7 - Today Tonight
  • The ABC's - 7:30 Report
  • The ABC's - Life Matters
  • The ABC's - Country Hour

 

Bruce has also received coverage of his efforts promoting transparent Banking in newspapers such as The Sydney Morning Herald, The Sunday Herald, The Australian Newspaper, The Financial Review, The Melbourne Age, Canberra Times, the Courier Mail and Money Magazine to name a few.

Bruce Ford was also instrumental in forcing a Senate Inquiry into the Commonwealth Bank of Australia, that was attended by the Australian Tax Office, the Australian Competition and Consumer Commission (ACCC) and others. The Senate Committee acknowledged Bruce's work and the findings of the Inquiry generated changes to the Code of Banking Practice for all banks regarding the issuance of bank statements to their customers. In addition details of his work are noted in the Australian Banking Industry Ombudsman Bulletins to all banks and his submissions are referred to in the law reference book, Banking Law in Australia. Bruce Ford has also provided extensive research and case studies to the ACCC and the Australian Securities and Investment Commission - (ASIC) along with the Australian Prudential Regulation Authority - (APRA).