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The UK’s LIBOR system was designed to be transparent but difficult to game: so what happened? AAP

Watching the dominos fall in the LIBOR crisis

Imagine if we discovered that the monthly setting of the Reserve Bank of Australia’s cash rate was rigged. There would quite rightly be outrage. We trust the RBA Board to make these calls, month after…
Deposit insurance has been mooted for Australian banks - but should we accept as given current banking structures which create too-big-to-fail banks? AAP

Should there be a bank deposit guarantee fee?

There is a growing chorus of support for introduction of a fee for the protection provided to bank deposits (up to the $250,000 cap) by the Financial Claims Scheme (or deposit insurance as it would be…

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