ANZ

Analysis and Comment (6)

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Anti-coal activists have targeted Whitehaven before over its development in Maules Creek; but Jonathan Moylan’s recent actions could be interpreted as fraud, not simply civil disobedience.

Public nuisance – or fraud? Whitehaven hoax puts market creditability at risk

By Michael Adams, University of Western Sydney

It has has been suggested a hoax by anti-coal activist Jonathan Moylan wiping million of dollars from Whitehaven Coal’s share price was an act of “civil disobedience”, akin to chaining a person to a tree…
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Old methods of protest are looking distinctly shabby in the face of climate change. Now activists are making it harder for miners to do business. Paul Miller/AAP

ANZ imposter takes up new climate tactic

By Clive Hamilton

Yesterday an anti-coal activist, Jonathan Moylan issued a media release purportedly from the ANZ Bank withdrawing a $1.2 billion loan to Whitehaven Coal, which is developing a project in Maules Creek in…
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Rampant litigation in the financial sector will only create more risk for Australia’s banks. AAP

Too many lawsuits might break the banking sector

By Pat McConnell

This week, the National Australia Bank published its 2012 annual report, confirming that its net profit for the year had fallen by about 21%, mainly from higher bad and doubtful debt charges. Buried deep…
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The Asian Century White Paper offers a lot of grand rhetoric, but little in the way of serious policy ideas. AAP

Asian Century White Paper is big on rhetoric, small on ideas

By Kanishka Jayasuriya

The Australia in the Asian Century White Paper has vaulting ambitions equally matched by a limited set of policy ideas for institutional reform. Unlike Ross Garnaut’s 1989 report, Australia and the Northeast…
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Three of Australia’s Big Four banks have opted to offshore part of their financial operations to Asia. AAP

More offshoring of Australian jobs? Can you bank on it?

By Greg J. Bamber, Monash University

Reports of more offshoring of jobs from Australia to other countries are, seemingly, a daily occurrence. Such reports include, for example, the manufacturing of cars and their components and aspects of…

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