NAB CEO Andrew Thorburn defended the culture of the bank he works for during the House of Representatives Standing Committee on Economics annual public hearing. Lukas Coch/AAP

Big four bank chiefs face parliamentary committee: experts react

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.
Three more years for Malcolm Turnbull and the Coalition. AAP/David Moir

Election 2016: what will a re‑elected Coalition government mean for key policy areas?

What’s in store for key policy areas, from health to education to infrastructure to asylum seekers, under a returned Coalition government?
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Interactive: profiles of the cabinet and shadow cabinet

We asked our experts to appraise the political and policy performances of the federal cabinet and shadow cabinet.
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Summer reading guide from The Conversation’s economists

Challenging, inspiring and funny: a handful of our economics writers share the favourite books they read this year.
David Murray releases the Financial System Inquiry report. Britta Campion/AAP

Financial System Inquiry: expert reaction

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…
With banks pulling back on lending to small business, the sector has had to look elsewhere for funding. Shutterstock

Small business feeling the lending crunch – and three ways to help

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…
Despite the fact that Australians are getting wealthier, financial literacy is not increasing at the same rate. shutterstock

Millions of households are missing out on good financial planning

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…
The big four banks have a well-entrenched sales culture. deepwarren/Flickr

The future of financial advice is set to remain conflicted

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…
Finance Minister Mathias Cormann has taken a fresh look at FOFA reform, and decided to proceed with some amendments. Alan Porritt/AAP

Financial advice reforms rollback to proceed: experts react

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…
Small investors, such as those caught in Storm Financial’s collapse, need ongoing protection. AAP/Dan Peled

Resist efforts to water down FOFA, to protect all Australians

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…
Some pain, but the nation will benefit: Hockey’s first budget. AAP/Lukas Coch

Federal budget 2014: economists react

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…
Consumers generally trust their financial adviser, even when the level of advice is poor. Shutterstock

The future of financial advice needs educated advisers

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…
A cash cube representing the $18.8 billion dollars of unclaimed superannuation (2011 amount). Dean Lewins/AAPImage

CSIRO‑led research to model superannuation spending

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…
The reach of global multinationals like BHP is driving a new wave of shareholder activism. Fiona Dorrell/AAP

Daly and Dunlop pave way for new era of shareholder activism

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…
Redundancies at Holden highlight the fact that around three quarters of those retiring early do so involuntarily. Julian Smith/AAP

Holden, retirement ages and the myth of choice

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…
Being able to price climate risk more accurately will help mitigate its impact on the community. AAP

Getting to grips with climate risk

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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