This article discusses the human resource management issues faced by managers in the banking sector in Australia, including regulatory challenges, pension reforms, and diversity challenges. It also explores the challenges faced by the banking industry in Australia, such as structural challenges and increased scrutiny. The article further examines the Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry, the federal government and opposition's response to the recommendations, and the banking industry's response. Recommendations for employment in the banking industry are also provided.