Westpac boss wants simple appeal process 20161006 p5utj4.html – Breaking News & Latest Updates 2026
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Westpac boss wants simple appeal process

AAP

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Westpac chief Brian Hartzer believes the complaints process for bank customers should be simplified, but would not be happy with a banking tribunal if it is just going to add another layer of bureaucracy.

The idea of a banking tribunal funded by the industry has been put to the head of each of Australia's big four banks when they faced a parliamentary committee this week.

"We want to make sure when things do go wrong that they have a very easy avenue to raise a complaint or raise an issue," Mr Hartzer told the House of Representatives economics committee on Thursday.

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He said at the moment there are a couple of different bodies customers can turn to for things like superannutation and insurance .

If people are falling through the cracks or there is a lack of clarity for where customers should go, he supports the idea of reviewing the architecture of appeal.

"If the answer is a tribunal, so be it," he said.

"We would simple say, let's not just add another layer."

He believes Westpac has its own very robust process for dealing with complaints and issues.

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