Banks are relying more and more on robots that perform financial services.
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Given the small percentages involved, South Australia’s bank levy won’t interfere with the federal government’s levy, and would arguably be compatible with it.
Unethical corporate behaviour isn’t just embarrassing from a PR standpoint, it can also be unprofitable for firms and their investors.
The Law Reform Commission has recommended that banks take ‘reasonable steps’ to protect vulnerable Australians.
Applying the GST to banking has much sounder economic underpinnings than the current levy, would have raised much more revenue, and would have applied to all banks rather than just the big banks.
Tunisia’s economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
The University of Canberra’s Deep Saini and Michelle Grattan discuss the week in politics.
The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology.
Bill Shorten has said Labor will oppose the budget’s increase in the Medicare levy hitting taxpayers on incomes under A$87,000.
The budget included a few measures to make the banking sector more competitive, but they don’t go far enough.
But the key point is that the big five banks are the ideal soft target for a tax raid because they are both rich and lacking in friends.
Despite the hefty tax imposts in Tuesday’s budget, Mathias Cormann still insists the fiscal problem was a spending rather than a revenue one.
The new levy on banks from the budget is a small hit to their profit but it could have unintended consequences.
The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
The agile working style was originally designed by tech companies for efficiency in software development but now one of Australia’s big four banks wants to implement this.
If security advice from government agencies doesn’t ring true, customers won’t take it – which puts us all at risk.
A new report confirms how the rich become deluded about their talents, but also hints at a growing acknowledgement of inequality.
Millie, aged 5, wants to know where money comes from. We asked an economist to explain.
While Apple Pay may have won the battle against some of Australia’s banks, it may lose the war against the providers of digital wallets, such as Tencent and Alibaba.
Declining interest rates has made housing more affordable over the past thirty years, but it has also increased the risk for homebuyers.
Top contributors
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Professorial Fellow, University of Canberra
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Emeritus Professor of Finance, The University of Melbourne
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Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
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Professor, Finance, UTS Business School, University of Technology Sydney
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Senior Lecturer, Faculty of Law, University of Wollongong
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Professor of Economics, UNSW Sydney
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Vice-Chancellor and President, University of Canberra
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Senior Lecturer, Adelaide Law School, University of Adelaide
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Professor of Law, St. John's University
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Professor of Organisational Behaviour, Bayes Business School, City, University of London
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Emeritus Professor of Accounting, University of Essex, University of Essex
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Professor of Accounting, Banking and Finance, University of Canberra
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Adjunct Professor, Swinburne University of Technology
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Assistant Professor in Finance and Financial Planning, University of Canberra
