Articles on Finances

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Loose regulation in the UK and elsewhere have left big banks vulnerable to crises.

Without serious reform, reckless banks will fall like dominoes

The most interesting aspect of the United Kingdom’s Financial Service Authority’s exhaustive review of the failure of the Royal Bank of Scotland (RBS) is contained in the foreword, penned by the organisation’s…
The proportion of Australians ‘saving for a rainy day’ has gone up, but the proportion of those saving for an investment property has fallen, the survey found. Flickr/Alan Cleaver

More Australians saving but households still smarting from GFC

The proportion of Australians saving their pennies has risen since June, but householders still have not recovered completely…
The median expected inflation rate dropped this month compared to July, most likely driven by the economic turmoil in the US and Europe, as well as the domestic stock market. Flickr/Krug6

Consumers see inflation staying within RBA target

Consumers have softened their expectations on price rises, with a new survey showing that more people this month think inflation…
Most families with at least one child say they are ‘comfortable’ with their finances at just under $80,000, according to latest figures from the Melbourne Institute of Applied Economic and Social Research. Flickr, Meredith Farkas.

Just under $80,000 a year is enough, say most families

Most families say they would feel comfortable living on an annual household income of just under $80,000 according to new…

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