Evidence in front of the banking royal commission today is very similar to the case that sparked consumer protection laws more than 30 years ago.
While codes of conduct in banking may help, the tsunami of financial regulation over the past few decades has swept aside much of the sense of personal accountability.
The financial institutions fronting the Financial Services Royal Commission are also the ones controlling mortgages, so will an expose of their dealings push property prices down?
As the banking royal commission continues to expose wrongdoings, the pressure is intensifying on the corporate regulator.
This bald-faced refusal to acknowledge their own inconvenient history in part comes from the politicians' belief that if you just burnish the "spin", you can get away with saying anything.
Michelle Grattan speaks to University of Canberra's Deep Saini about the week in Australian politics.
Just why the government was so keen to shield an industry where wrongdoing had been obvious is not entirely clear.
South Africa's land reform process will fail if it continues to neglect small and emerging black farmers.
In psychology, we know people don’t always think through their decision-making in a rational and linear way when placed under situations of stress.
Most of us bargain hunt when shopping for a new blouse or pair of blue jeans, yet for some reason we don't with interest rates, potentially costing us thousands of dollars.
The Financial Services Royal Commission can ask the banks for the material it wants, in the form it wants.
Research shows the majority of consumers have low financial knowledge and experience, but they are also prone to behavioural biases that don't help.
Mick Mulvaney has only been in charge of the Consumer Financial Protection Bureau for two months, but he's already made many decisions that will leave consumers worse off.
CBA's risk management strategy clearly states that responsibility rests with the board of the bank for any wrongdoing.
Our financial regulators ASIC and APRA need a board of oversight, similar to what the UK has, to keep them in check.
The latest report from the Grattan Institute, finds that claims about Australia being dominated by oligopolies are overblown.
Malcolm Turnbull and Scott Morrison appear to have become hostages to rebel Nationals determined at all costs to secure a commission of inquiry into the banks.
In the US "liar loans" have been identified as one of the key reasons behind the 2008 financial crisis. But how big a problem are poor loan checking practices in Australia?
The government needs to learn from the mistakes in the US in sharing our credit history information to third parties.
Republican efforts to kill a rule designed to make it easier for people to sue banks are a reminder of why it's so important to have a government agency that protects consumers.