Banks are in such poor conditions that it affects Tunisians’ day to day lives.
Tunisia's economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
Treasurer Scott Morrison called a press conference this week to comment on March-quarter GDP figures.
Treasurer Scott Morrison says Australia will "grow into growth". Global economic conditions suggest otherwise.
Filipinos are among the largest group of migrants working as domestic staff abroad, whose lives are often far from easy.
Ritchie B Tongo/EPA
With My Family’s Slave, journalist Alex Tizon challenges our complacency over domestic workers. When does domestic work become slavery?
aesthetics of crisis/Flickr
Where now for one of the great emblems of post-World War II global co-operation?
The government is beginning the process of changing the spending culture, Scott Morrison says.
The government will highlight in its May 9 budget a distinction between 'good' debt, incurred to boost growth, and 'bad' debt, used to finance welfare and other recurrent spending.
Data from the Australian Prudential Regulation Authority (APRA) reveals the average balance on housing loans has barely trended upwards over the last five years.
When you look at the data (in three charts) on mortgage stress, the systemic risk of people not being able to repay their home loans appears small.
South Africa’s President Jacob Zuma looks on as his new cabinet members are sworn in.
The best chance South Africa has of recovering from sub-investment grade credit rating status is to have leaders who are prepared to break rank with the small-mindedness of the ruling party.
Financial inclusion has been touted as one of the solutions to addressing poverty in South Africa.
Entities at the centre of the storm engulfing South Africa's social grants distribution system have claimed to be champions of financial inclusion. The claim in itself is scandalous.
Australia’s social security policy and service delivery system is not designed to put customer needs first.
The extent of Centrelink’s customer service delivery problems is legendary – and it's been getting worse in recent years.
Airports Company of South Africa, a majority state owned enterprise, is set to be hit by a regulatory own-goal that puts further pressure on the country's credit rating.
World Literature Today/Flickr
Financially illogical and fuelled by irrational dogma, the creation of a new tranche of private sector debt is a missed opportunity.
It’s too soon to say what advantages there are to issuing government bonds using blockchain technology.
Despite a media statement announcing that Commonwealth Bank of Australia (CBA) and Queensland Treasury Corporation (QTC) have created the first government bond using the blockchain (dubbed the “cryptobond…
Modesty in your spending (and half an eye on the future) could make you very cheerful indeed.
The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country's economy and finances.
Voters rejected Matteo Renzi’s referendum on constitutional reform, plunging Italy into political uncertainty.
The "no" result from Italy's referendum is likely to brew political and economic uncertainty for some time yet.
Italy’s Prime Minister Matteo Renzi will likely resign if the result of the referendum is a “no” vote.
Tony Gentile /Reuters
Even if Italy votes for changes that will make it easier for the government to pass economic reforms, the country's economy will still be in trouble.
The recently updated Integrated Resource Plan calls for significant investment in South Africa's power supply. But can the country afford it?
A zero rate for business could actually be a progressive move and would reflect the anti-bureaucratic spirit of Brexit.
Eskom power lines. South Africa’s power utility may be in a much weaker financial position than generally appreciated.
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.
Athens can celebrate two consecutive quarters of growth. Berlin must stomach some weakness. Everyone should remember cheap money isn't free money.