Menu
Scroll to top

Business

It's time for a reckoning on FOFA

It's time for a reckoning on FOFA

The major bank lobby group now wants to fix the Future of Financial Advice framework, but it was one of the major players in trying to water it down as much possible. It owes the community an apology.

Australian politics isn't fit for purpose in a burning world

Australian politics isn't fit for purpose in a burning world

While the Coalition government has many climate denialists in its ranks, fossil fuel companies can also wield systemic power to make sure the political system works in their interests, not the community's.

Insurance companies confirm everything is hunky dory in insurance

Insurance companies confirm everything is hunky dory in insurance

The insurance industry is recycling an old defence used by the banks to ward off scrutiny — that its misconduct is the work of just a few bad apples. It will work about as well as it did for the banks.

The end of the Elon Musk experience

The end of the Elon Musk experience

The rise of future-focused, loss-making, aggressively-expanding tech companies is an accident of this particular juncture in history. It may be ending.

Royal commission adds Howard, Costello to the banking hall of shame

Royal commission adds Howard, Costello to the banking hall of shame

The Hayne royal commission interim report is a missile fired at the neoliberal fantasy at the heart of financial services regulation in Australia.

'Dishonesty and greed': banking royal commission interim report leaves many questions

'Dishonesty and greed': banking royal commission interim report leaves many questions

The interim report of the banking royal commission has been released and as expected it is harsh on the banks, AMP and regulators.

Banking regulation has failed. Here's how to fix it.

Banking regulation has failed. Here's how to fix it.

A new kind of regulatory approach is needed for financial services, but whether the royal commission can recommend one isn't clear.

Does anyone understand Labor's trade policy?

Does anyone understand Labor's trade policy?

Labor is waving through legislation that goes against its own policy, and is simultaneously worried about rising trade barriers but also wants to raise our own. Go figure.

Time to shutter the life insurance crooks altogether?

Time to shutter the life insurance crooks altogether?

The behaviour of life insurance companies is egregious, and regulation won't fix it. Governments must step in and re-establish government insurance companies.

Trouble in strawberry fields: needles cause further pain for struggling farmers

Trouble in strawberry fields: needles cause further pain for struggling farmers

Some farmers may fear the needle attack could stop consumers buying strawberries, but the contamination crisis is unlikely to make a major on impact growers’ woes.