Banking Royal Commission

Business & Economics

Charging dead clients is dishonest. Really? Who knew

The regulator’s court action against five AMP group companies over the previous scandal that saw dead clients charged fees is a wider warning to corporations

Business & Economics

Rio Tinto and the anatomy of corporate culpability

Heads have finally rolled over the mining company’s shameful destruction of the Juukan Gorge rock shelter, but what are the legal implications and how does corporate culture matter?

Business & Economics

Holding corporations to account

The slippery concept of corporate guilt too often allows companies off the hook. The law needs reforming

Business & Economics

Is our trust in banking restored?

Following the findings of the banking Royal Commission into misconduct, what’s actually being done and will it help our financial wellbeing?

Business & Economics

Care for our financial health

Many Australians stress over their finances, but just like a health problem, the answer is better education, financial health checks, and counselling for those that need it

Business & Economics

Focusing financial law on what really matters

The complex and unclear laws governing financial services need to be overhauled, with financial wellbeing put at the core, say researchers in the new FinFuture white paper

Business & Economics

Improving the finance sector for all Australians

Trust in our financial services has been shaken by scandals, but in a new white paper, FinFuture, researchers show how the system can be reformed to put financial wellbeing front and centre.

Business & Economics

Weighing up the policy responses to banking misconduct

The major parties all have election policies that respond to the misconduct uncovered in Australia’s financial services sector, but they are light on detail

Politics & Society

The buck stops here: Holding banks responsible for dishonest conduct

With 76 recommendations, Commissioner Ken Hayne’s final report into the Australian financial services industry provides a roadmap to hold the sector to account, especially for the ‘fees for no service’ scandal

Business & Economics

Is it time to rethink our banks being too big to fail?

There is an important but poorly understood relationship between New Zealand’s banks and the Australian taxpayer that highlights the need for more stringent regulation around the Big 4’s ‘too big to fail’ guarantee