- Professorial fellow, Monash University
Treasurer Jim Chalmers has used words with specific meanings in the objective he intends to legislate, among them “preserve”, “dignified”, “equitable” and “sustainable”.
Putting more of each pay packet into super would widen the gap between high earners and low earners; between men and women.
Super helps fund homeownership, and homeownership helps retirees get the pension.
Royal Commissioner Kenneth Hayne is arguing for less and clearer law, and tougher corporate cops.
As the chief executives of Australia’s big four banks come before a House of Representatives economics committee, we ask a panel of experts what questions the banks should be answering.
What’s in store for key policy areas, from health to education to infrastructure to asylum seekers, under a returned Coalition government?
Budget superannuation changes redirect concessions to lower income earners where they are most needed.
We asked our experts to appraise the political and policy performances of the federal cabinet and shadow cabinet.
The Australian government’s fintech strategy resets the risk dial on how fintech firms are regulated, but the big unknown is how consumers will respond.
Challenging, inspiring and funny: a handful of our economics writers share the favourite books they read this year.
Start-ups have always found it hard to navigate compliance requirements, but this time regulators are listening.
Bank competition, increased capital levels and poorly designed taxes, such as capital gains tax and negative gearing, have been singled out for reform in the final report of the Financial System Inquiry…
Since the global financial crisis, credit growth in Australia has returned. But while growth in home lending between 2008 and 2014 was relatively strong (0.49% per month), it was actually negative for…
The wealth profile of Australian households has changed phenomenally over the past 25 years, according to a recent paper from the Australian Centre for Financial Studies. Thanks to increases in asset prices…
Reading between the lines it appears the panel behind Australia’s wide-reaching Financial System Inquiry believes all is not well in the financial advice industry, despite last year’s implementation of…
The Federal Government has confirmed it will push ahead with controversial moves to water down the Future of Financial Advice (FoFA) law reforms, on the grounds the current legislation reduces the affordability…
As public hearings into the Future of Financial Advice’s Senate inquiry begin on Thursday, it’s probably not overstating the case to say the financial planning industry is at a crossroads. With the F0FA…
The Abbott government has laid out its path to reach a budget surplus near the end of the decade in the face of continued below-trend growth. Stopping short of making deep cuts in the coming years, Treasurer…
Finance Minister Mathias Cormann’s decision to back away from plans to repeal sections of the Future of Financial Advice (FOFA) reforms is not surprising. Recent comments suggest this may indeed be a complete…
How older Australians spend their superannuation and the impact of suggested legislative changes on retirees, will be the focus of a new CSIRO-Monash superannuation research group. The A$9 million research…
Sister Patricia Daly is in for the long haul. Last May, the New Jersey-based Dominican nun and shareholder activist, attended her 15th ExxonMobil annual shareholder meeting, again armed with the same resolution…
Holden’s move to withdraw from Australian manufacturing draws attention to the significant problem of involuntary retirement in Australia. While the official retirement age is 65 years, there are many…
Whether you believe in climate change or not, there can be no doubt that the impact of extreme weather events is increasing. The combination of more frequent events together with the increased propensity…
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