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Topic: banking
Is it time to consider the nuclear option in regulating competition?

Is it time to consider the nuclear option in regulating competition?

We've been too hands-off on competition in Australia and the result if major industries dominated by oligopolies.

The biggest banking rip-off is still to come

The biggest banking rip-off is still to come

The biggest rip-off in financial services is the huge fees charged by retail superannuation funds, which flow to the big banks and AMP for delivering poorer performance.

ASIC boss puts the corporate back into corporate regulation

ASIC boss puts the corporate back into corporate regulation

The chairman of the corporate regulator says it "stands ready" to do its job but would prefer banks to self-regulate. We've been there, done that, and it failed horribly.

If I were the banks, I wouldn’t be losing sleep over the royal commission

If I were the banks, I wouldn’t be losing sleep over the royal commission

Even an aggressive commissioner who manages to work around the commission's impotent framing probably won't reveal anything we don't already know.

Bad apples: what would a banking inquiry look like?

Bad apples: what would a banking inquiry look like?

With calls for a royal commission into banks gaining volume, what questions should we be asking?

The calculation Turnbull must make on banking royal commission

The calculation Turnbull must make on banking royal commission

Given the odds of a successful parliamentary move to initiate an inquiry into the banks, the government should seize control of the issue and establish its own -- negative headlines be damned.

When banks stopped educating and started manipulating Australian kids

When banks stopped educating and started manipulating Australian kids

CBA teaching schoolyards about credit could be leading generations of Australians to financial illiteracy writes Douglas Ross.

Banks bail out of wealth management

Banks bail out of wealth management

The era of big banks being all things to all people is coming to an end as the majors offload their wealth management and insurance arms.

The bank culture talkfest has failed. It’s time for action.

The bank culture talkfest has failed. It’s time for action.

Banking regulators have been focusing on financial industry culture for years, but it hasn't halted the stream of bank scandals. It's time to stop talking about culture and act.

How bank fat cats will avoid any sticky questions in this week’s grilling

How bank fat cats will avoid any sticky questions in this week’s grilling

Executives at the big four banks will front Parliament this week as a way of avoiding a royal commission. But don't expect any actual answers.