Listen! The simple thing the finance sector can do for Indigenous customers that can change people’s lives

The story of the Aboriginal Community Benefit Fund, whose name and marketing misled thousands of customers into believing it was Indigenous owned and run, is a stark example of how Australia’s financial regulations have let down Indigenous people.

It took a financial royal commission to expose how the fund had exploited regulatory loopholes and the significance of “Sorry Business” in some Indigenous cultures to line the pockets of its non-Indigenous owners over three decades.