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…
Australia’s massive superannuation sector is costly compared with its global counterparts. Joel Carrett/AAP

Financial system inquiry sets sights on super: experts react

Australia’s financial system is competitive and well regulated, but more work is required to boost superannuation competition, according to the interim report of the Financial System Inquiry, led by former…
Woolworths’ attempt to takeover David Jones has raised questions about whether shareholder approval should be mandatory. Dan Himbrechts/AAP

Takeovers should require go‑ahead from shareholders

The fastest growing sector in the economy today is not mining, retailing or even education. It’s superannuation, which accounts for almost 30% more than the total savings held by the banking and mutual…

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