By declaring cash an ‘essential service’ the government would secure its future for those Australians who still use it.
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Articles on National Australia Bank
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We really are being charged more than we used to be. If the government is concerned about price gouging, it could try this bold idea: offering its own low-cost bank loans.
Two of Australia’s major banks have announced they will take action against financial abusers, including closing their accounts.
Westpac and the ANZ have suspended dividends payments. The National Australia Bank has slashed them. The peculiarities of our tax system explain why retirees hate this more than they should.
We get defensive when the social order we have become accustomed to is challenged. We attempt to protect ourselves through projection, denial, games, blame, or rationalisation.
Financial literacy is more than numeracy, it requires a healthy scepticism of financial institutions and confidence in making financial decisions.
Appearing to co-operate is the best way to try to influence the terms of an inquiry and manage the bad press.
Even though the Prime Minister and heads of the big four banks argue costly political uncertainty is the reason for the royal commission, experts argue the banks’ behaviour itself is the real cost.
The major banks have tried to downplay their role in manipulating the BBSW interest rate benchmark. But this is not the first instance of bad behaviour.
ASIC is telling CommInsure to do what it should have been doing all along. Let’s forget the past and mistreatment of customers, it’s paradise for firms that prey on the sick and dying.
In its first quarter results this month, the National Australia Bank (NAB), breathed a sigh of relief announcing that the “separation” of Clydesdale had been “successful” with an expected loss of approximately…
It came as no great surprise when David Thorburn announced this week that he was stepping down as chief executive of the troubled Clydesdale and Yorkshire banks. Having joined Clydesdale in the 1970s as…
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Associate Professor in Finance, University of Sydney
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Professor of Banking & Applied Economics, University of Stirling
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Associate professor, The University of Queensland
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Senior Lecturer, Faculty of Law, University of Wollongong
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Emeritus Professor of Finance, The University of Melbourne
