The Law Reform Commission has recommended that banks take ‘reasonable steps’ to protect vulnerable Australians.
Articles on Banks
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Applying the GST to banking has much sounder economic underpinnings than the current levy, would have raised much more revenue, and would have applied to all banks rather than just the big banks.
Tunisia’s economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
The University of Canberra’s Deep Saini and Michelle Grattan discuss the week in politics.
The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology.
Bill Shorten has said Labor will oppose the budget’s increase in the Medicare levy hitting taxpayers on incomes under A$87,000.
The budget included a few measures to make the banking sector more competitive, but they don’t go far enough.
But the key point is that the big five banks are the ideal soft target for a tax raid because they are both rich and lacking in friends.
Despite the hefty tax imposts in Tuesday’s budget, Mathias Cormann still insists the fiscal problem was a spending rather than a revenue one.
The new levy on banks from the budget is a small hit to their profit but it could have unintended consequences.
The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
The agile working style was originally designed by tech companies for efficiency in software development but now one of Australia’s big four banks wants to implement this.
If security advice from government agencies doesn’t ring true, customers won’t take it – which puts us all at risk.
A new report confirms how the rich become deluded about their talents, but also hints at a growing acknowledgement of inequality.
Millie, aged 5, wants to know where money comes from. We asked an economist to explain.
While Apple Pay may have won the battle against some of Australia’s banks, it may lose the war against the providers of digital wallets, such as Tencent and Alibaba.
Declining interest rates has made housing more affordable over the past thirty years, but it has also increased the risk for homebuyers.
Banking in a highly financialised society like Britain could be seen as akin to a fundamental human right.
A new study brings fresh insights into understanding the nature and extent of South Africa’s systemic risks within the country’s financial sector.
Studies have shown that shame can motivate people to be both helpful but also vengeful, so the verdict is still out on whether it curbs bad behaviour.
Top contributors
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Professorial Fellow, University of Canberra
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Emeritus Professor of Finance, The University of Melbourne
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Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
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Professor, Finance, UTS Business School, University of Technology Sydney
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Senior Lecturer, Faculty of Law, University of Wollongong
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Scientia Professor of Economics, UNSW
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Head of Department of Economics, Finance & Accounting, Brunel University of London
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Associate Professor in Finance, University of Canberra
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Professor of Organisational Behaviour, Bayes Business School, City St George's, University of London
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Senior Lecturer, Adelaide Law School, Adelaide University
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Associate Professor in Marketing, Keele University
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Vice-Chancellor and President, University of Canberra
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Emeritus Professor of Accounting, University of Essex, University of Essex
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Adjunct Professor, Swinburne University of Technology