The New Zealand subsidiaries of major Australian banks might be highly profitable, but realising their true sale value can still be a challenge.
Academic rigor, journalistic flair
Articles on Westpac
Displaying 1 - 20 of 52 articles
Its board has been found to “lack readiness to ask relevant questions”, a judgment it will have to wear.
Rather than imposing a straight fine, taking away franking credits would ensure shareholders feel more pain when companies misbehave.
Westpac has admitted to more than 23 million breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act.
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 want to to believe in the power of shareholder activism, but reality is another thing.
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.
Anti-money laundering rules give the comfort of doing something, but prevent surprisingly little crime.
Board directors of our biggest companies simply aren’t equipped to take on management. An idea floated 50 years ago could help.
Westpac’s decision to shut down its LitePay money transfer system will hurt people relying on remittances throughout the Pacific region.
The number one commandment of the anti money laundering law is “Know your customer”. AUSTRAC is alleging Westpac didn’t, and didn’t seem to want to.
The government at the weekend piled on more pressure for Westpac heads to roll over the bank’s money laundering scandal, with Treasurer Josh Frydenberg saying the affair had a long way to play out. “These…
It’s no wonder corporate wrongdoing occurs when the profits from wrongdoing outweigh the costs of being caught and punished.
University of Canberra VC Deep Saini and Michelle Grattan discuss this week in politics, and talk about what to expect in the last parliamentary sitting fortnight, which starts this Monday.
Examination of the first deposit in what became Westpac tells us much about 1817, not all of it pleasant.
Negotiated deals between ASIC and alleged wrongdoers leave us in doubt as to the reach of the law.
Management trumps technology in making companies productive, but that doesn’t mean firms can be complacent when it comes to keeping up with change.
ASIC and APRA don’t lack power to sack bank directors. They the lack the willpower to do so.
The Australian Banking Association says ‘nearly 80% of bank profits go straight back to shareholders’, the majority of whom are ‘everyday Australians’. Is that right?
Broadening the royal commission beyond banking may dilute the focus on the banks themselves.
Top contributors
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Professorial Fellow, University of Canberra
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Senior Lecturer, Faculty of Law, University of Wollongong
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Emeritus Professor of Finance, The University of Melbourne
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Professor, UTS Business, University of Technology Sydney
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Professor of Organization Studies, University of Technology Sydney
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Professor of Economics, UNSW Sydney
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Adjunct Professor, Swinburne University of Technology
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Associate Professor of Finance, UNSW Sydney
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Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, and Professor Emeritus, Griffith Business School, Griffith University
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Adjunct Associate Professor, Monash University
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Professor, Finance, UTS Business School, University of Technology Sydney
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Professor of Corporate Law & Academic Director of UNE Sydney campus, University of New England
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Emeritus Professor of Public Policy, RMIT University
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Adjunct professor, Department of Social Inquiry, La Trobe University
