The federal government’s decision to implement a deposit levy may increase the costs of banking in Australia without improving the stability of the system.
The Australian Institute of Company Directors (AICD) is pushing for reforms allowing directors to rely on honest and reasonable conduct as a defence against company liability. The AICD believes this new…
A bank charges customers A$35 every time customers fail to make the monthly payment on their credit card by the due date. An airline charges $10 or more for printing boarding passes if passengers forget…
Like most companies, banks report their profits twice a year. Each time the majors report we see headlines about the size of the profits and implicit or explicit criticism of the amount – this time about…
ANZ Bank has delivered another record profit, promising shareholders a bigger dividend than expected on the back of cash earnings of A$6.49 billion. But despite the bank’s continued Australian and international…
This week’s hoax email from an anti-coal activist, Jonathan Moylan, highlights an emerging issue in land-use conflicts both in Australia and internationally. Activists, and in many instances, communities…
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…
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…
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…
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…
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…