Even when bank customers have a very good reason to switch, research shows they’re often reluctant to make the move.
Bank customers usually stay with their bank despite scandals in the sector, however new tech that gives consumers more information might help them switch.
Women in senior positions at banks are just as likely to take risks as their male colleagues.
New research shows increasing female staff numbers is, on its own, unlikely to change the way risk is managed in banks.
Scott Morrison’s UK visit may deliver some new ideas on data for Australia.
Australia could follow the UK's lead in fostering progress in the financial technology sector.
The system is rigged for a small minority to profit, but are we brave enough to deploy the solutions that would work?
Commonwealth Bank CEO Ian Narev got a 50% pay rise despite scandals involving the bank in 2016.
Just before everyone sits down for their Christmas dinner ASIC has handed two of Australia's big four banks a big present.
Scandals, elections, budgets, 2016 had it all. Here's what made news in business and economics.
Blockchain can’t solve every problem in the finance industry.
For a discipline that is supposedly rational, finance has had its fair share of irrational crazes. For example, the dotcom bubble and the collateralized debt obligation craze that led to the global financial…
Superannuation’s influence on the Australian financial sector mostly balances out.
Business Briefing: what super is doing to banking and finance.
The Conversation 10 MB (download)
New research modelled how an increase in the superannuation guarantee would affect the finance sector and the results show it all balances out.
Italy faces uncertain times ahead.
EPA/Alessandro di Meo
Markets haven't panicked as they did with Brexit and Trump, but Italy faces serious economic issues in the near future.
Voters rejected Matteo Renzi’s referendum on constitutional reform, plunging Italy into political uncertainty.
The "no" result from Italy's referendum is likely to brew political and economic uncertainty for some time yet.
South Africa needs take a radically different path if it is going to make its economy more inclusive. It must start from the premise that markets are intrinsically skewed to historic privilege.
It’s hard to calculate the risk from rising mortgage delinquencies.
Increasing mortgage delinquencies is a warning sign for lenders. Especially if the economy starts to turn.
Commonwealth Bank of Australia CEO Ian Narev attends the parliamentary inquiry into the banking system.
AAP Image/Lukas Coch
Business Briefing: fixing culture in banking and finance.
The Conversation 19.7 MB (download)
"Banking culture" has drawn a lot of scrutiny this year, after several high-profile scandals. But Professor Paul Kofman says there isn't much evidence for how to intervene if there's a problem.
Donald Trump may be a populist, but his policies are set to be particularly popular with the banking industry.
Branches are likely to keep evolving into smaller outlets focusing on sales and more complex transactions.
Customers still want personal interaction with their bank, but do banks need branches to deliver it?
ASIC has been highly critical of some of the practices of Australia’s big four banks.
An ASIC report detailing how financial advice was paid for but not given by Australia's big four banks exposes a culture problem that the government needs to deal with.
Millions of Americans in nine states will vote on Nov. 8 for the right to do this.
Robert F. Bukaty/AP
Nine states are deciding whether to legalize marijuana. Yet the drug's prohibition at the federal level has created an unstable financial environment for producers and retailers.
Home owners will bear the brunt of the new lending restrictions from APRA when it’s lenders who should be penalised.
APRA has updated its guidance to lenders on concerns about the risks to financial stability from the housing market, but it should be focusing more on the banks, not hurting those with a mortgage.
A transaction of 88 bales of cotton in Qingdao sometime in early November is been hailed as revolutionary.
Apparently, the world is holding its breath on the unloading of a few bales of cotton, which “could change trade forever”. In Qingdao sometime in early November, 88 bales of cotton will be unloaded and…
Culture and family can play an important role in whether you can pay off your mortgage, new research shows.
People from South East Asian countries are less likely to default on their mortgages because of a culture of financial assistance from families, new research shows.