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Articles on Banking royal commission

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Australia’s Aged Care Quality and Safety Commission found 45 of Bupa’s 72 nursing homes failed health and safety standards. In 22 homes the health and safety of residents was deemed at ‘serious risk’. www.shutterstock.com

Bupa’s nursing home scandal is more evidence of a deep crisis in regulation

The failure of regulators to take decisive action against errant companies is an unintended consequence of the design of ‘responsive regulation’.
Adele Ferguson, the celebrated journalist who many credit as the driving force behind the banking royal commission, says that the commission ‘didn’t go anywhere near far enough.’ KYM SMITH/AAP

Media Files: Investigative journalist Adele Ferguson on the ‘disappointing’ banking royal commission and how she works with whistleblowers

Investigative journalist Adele Ferguson on the ‘disappointing’ banking royal commission and how she works with whistleblowers The Conversation51.9 MB (download)
Today on Media Files, it's journalism versus the big banks. We're hearing from Adele Ferguson, the celebrated journalist who many credit as the driving force behind the banking royal commission.
Treasurer Josh Frydenberg with Australian Securities and Investments Commission chair James Shipton. His new powers are imperfect, but they will help. Peter Braig/AAP

Fines that’ll hurt. ASIC’s powerful, if ill-fitting, teeth

Suddenly, ASIC is about to have real power. It’ll be easier to get prosecutions and they will hurt, even if the law remains less than completely clear.
The Frank Gehry designed UTS business school, in Ultimo, Sydney. It is possible to teach ethics. Paul Miller/AAP

What are we teaching in business schools? The royal commission’s challenge to amoral theory

In trying to be values-free (like physics & chemistry), business schools have succeeded in justifying amoral behaviour. No more! We’ve seen the results in the Banking Royal Commission.
In a survey of 1,000 Australians, 35.4% agreed banking and financial institutions show ‘no leadership for the greater good’. Shutterstock

One-third of Australians think banks do nothing for the greater public good

More than a third (35.4%) of respondents surveyed by the Australian Leadership Index believe banking and financial institutions show “no leadership for the greater good”.

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