About a decade ago, shonky operators operating in mortgage broking led to widespread calls for more regulation. And so gradually the government worked itself into something-must-be-done mode, writes Nicholas Gruen, economist and CEO of Lateral Economics.
Financial adviser
For financial advisers, ‘soft dollars’ mean free millions, Disneyland
Millions of dollars in payments to financial planners show that attempts to self regulate have failed, writes George Lekakis of the Eureka Report.
Advisers revel in Origin largesse
If there was any doubt whether investment bankers prefer to be acting for vendors or purchasers, those reservations would have been quashed after noting how much Origin Energy allegedly paid its financial advisers.
Moratorium the only answer to Wickenby woes
A plan is being hatched by prominent Operation Wickenby stakeholders to approach the new Labor government to seek a once only moratorium for suspects caught up in the probe, writes Chris Seage.
