While the ACCC, ASIC and a new senate inquiry begin to flush out greenwashing, we take a closer look at dodgy climate claims. Complaints and court cases are stacking up. Here’s what you need to know.
The royal commission wanted the corporate cop to first ask ‘why not litigate?’. The treasurer’s new guidelines suggest it should instead ask ‘why not negotiate?’.
Independent MP Helen Haines’s bill will likely not pass without the government’s support, but it proposes a robust body with suitable accountability mechanisms. It’s worth serious consideration.
Westpac’s 154 page financial statement will be a challenge for shareholders attending Thursday’s annual general meeting. In the early 2000s, it was only 35 pages.
APRA and ASIC will do their jobs badly without public oversight. The government hasn’t agreed it will public.
AAP
The government has agreed to create an independently-chaired body to report on the performance of ASIC and APRA, but it hasn’t said its reports will be made public.
There’s no trading strategy that will deliver better returns than chance.
Shutterstock
The odds of winning are no better than even, and the costs of losing are enormous. We ought to limit forex to traders who can demonstrate their expertise.
Treasurer Josh Frydenberg with Australian Securities and Investments Commission chair James Shipton. His new powers are imperfect, but they will help.
Peter Braig/AAP
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.
Research shows combining maths education and financial literacy concepts is a better way to teach children good financial habits and boost numeracy.
www.shutterstock.com