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Financial abuse of the elderly is shockingly common in Australia and most often occurs within families. aap

How can we prevent financial abuse of the elderly?

The federal governments efforts to tackle the financial abuse of elders is to be welcomed - but will banks be properly empowered to act?
Eskom power lines. South Africa’s power utility may be in a much weaker financial position than generally appreciated. EPA/KIM LUDBROOK

Why South Africa’s power utility isn’t in great financial shape

A closer look into the latest financial numbers of South Africa's state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
In bank stress tests, what’s worse: runs or lemons (the other kind)? Lemons via www.shutterstock.com

Runs versus lemons: why US bank stress tests succeeded while Europe’s failed

US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.

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