Topic archives: banks

Rundle: the finance sector must be socialised

April 19, 2018 13

The finance sector is a social resource. In a modern society it is an essential utility, as much as the water or power system is.

Banks’ share price slump has been years in the making

and April 3, 2018 13

Bank share prices have slumped over the last twelve months as years of misconduct have finally caught up with the big financial institutions, Glenn Dyer and Bernard Keane write.

How regulators lost their way on banking competition

and February 7, 2018 6

New work from the Productivity Commission confirms our regulatory model for banking leads to inefficiency and big bank dominance.

Crikey Worm: tortuous path to the bank royal commission

Crikey Worm: tortuous path to the bank royal commission

December 1, 2017

Good morning, early birds. The Prime Minister has finally buckled on his opposition to a banking royal commission, but at what cost? And Sam Dastyari has been saved (for now) by factional politics. It's the news you need to know, with Max Chalmers.

One Nation uncovers the squillion-dollar bank conspiracy

September 20, 2017 15

An inquiry into lending to primary producers is spending a peculiar amount of time on fictions about international financial conspiracies.

Commonwealth ‘culture’ inquiry — right idea, wrong inquirer

August 28, 2017 3

The banking regulator has announced it will conduct an independent inquiry into the Commonwealth Bank's culture. It's a good idea -- but someone else should be doing it, Glenn Dyer and Bernard Keane write.

Razer: in the long run, household debt will kill us all

August 1, 2017 10

It’s not just Helen Razer and her Cassandra commie mates fretting. Australia is in a private debt hole from which we might not escape.

The return of Rod Culleton — to the other side of the table

July 18, 2017 1

Ousted senator Rod Culleton is back at a Senate inquiry -- on the witness side of the table -- as One Nation chases disgruntled farmers.

Want to know who will pay for the bank levy? (Hint: it’s YOU)

May 22, 2017 7

Banks expect that the government's new bank levy will be a tax write-off, which will reduce the overall impact on the banks by around one-third.

Enough with the banks’ lies on the levy

May 16, 2017 7

Big banks will still have enough assets to stay standing in the event of a crisis, despite crying poor over the bank levy.