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Andy Schmulow is an associate law professor, specialising in banking and financial regulation, at the School of Law, University of Wollongong.  Andy built his reputation as a ferocious critic of the banks and the regulators in the lead-up to the 2018 banking royal commission. Since then, he has continued to apply his intellect like a blowtorch, as both major parties have allowed the banks to ignore the royal commission’s recommendations.

Highly qualified, his advice has been sought by governments all around the world. He has demonstrated time and time again his fearlessness, and his willingness to speak truth to power. The Australian Financial Review described him as “spectacularly impolite”. Despite his forthrightness, his arguments are compelling, and his delivery flawless. As a result, his recommendations have been adopted around the world, and by numerous Australian Commissions of Inquiry.

In more recent years, he has impacted major Senate inquiries into:

• the investigation and enforcement methods of corporate regulator ASIC (Australian Securities and Investments Commission);
• global accounting giant PwC and the other big accounting firms’ corrupt influence over the Australian Taxation Office and government departments;
• the market abuses of the Coles-Woolworths retail duopoly; and
• bank closures in regional Australia.

Andy’s unrelenting criticisms in his submissions and testimony were adopted, often entirely, in the Senate’s final recommendations in all of those inquiries.

TRANSCRIPT – CITIZENS INSIGHT – Andy Schmulow – The candidate who will terrify the banks and take out the garbage