Comment & Analysis

Counting the cost of banks breaking bad

The penalty regime in Australia needs to be far harsher

When the big four banks are called to parliament to face their first public hearings on October 4, 5 and 6 it is worth remembering that financial misconduct isn’t unique to Australia.

The house price souffle is rising again

The home ownership dream may never become a reality for some sections of the market.

The first two weeks of spring have brought with them an ominous threat - that house property values are getting a second wind in the already blustery property market.

Myer shrinks its way to growing profit

For the past year, Myer's strategy has been marked as a great culling exercise.

If all goes according to plan, Myer's sixth year of falling profits should be the last decline for the retailer, which is now 12 months into a much-heralded revival plan - which ironically involves shrinking its way to better performance.

No need to panic over $30 billion plunge

There are plenty of experts blaming Monday's fall on computer generated selling.

The more than $30 billion plunge in the value of Australian equities on Monday will make a dent in all our investments and super funds and result in an understandable degree of panic.

Stevens' parting shot – hosing down the $A emphasis

Glenn Stevens was careful in his final interview as governor to downplay the exchange rate's role in the transmission of ...

There's more than a little irony in at least some of the Australian dollar's latest gyrations being attributed to Glenn Stevens' exit interview remarks. He actually dissed monetary policy's exchange rate power.

Half-baked life insurance code needs more work

Public submissions will close on September 9, leaving little time for any changes if the industry is to meet an October ...

As the clock starts ticking on the introduction of a code of conduct for the scandal-ridden life insurance industry, the sector needs to think carefully about releasing a half baked code as calls for a royal commission get louder.

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