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The big four banks are preparing for the financial services royal commission but is it a damp squib before it's started?

Royal commission strangled before it begins

Farcical, damp squib, paper tiger, stillborn. They are just a few of the words being used to describe the long awaited and much needed Royal Commission into financial services.

Illustration: Glen Le Lievre

Finally, an Indigenous middle class emerges

It's easy for prime ministers to make big promises at some emotion-charge moment of national attention, but a lot harder to keep those promises when the media spotlight (and that prime minister) are long gone.

Australian shares have had a torrid week following big sell-offs on Wall Street

Nowhere to hide as sharemarket shake-out rolls on

What a week in sharemarkets. Just how fast contagious fear can spread around the globe was demonstrated again when markets from London to Hong Kong fell in response to the sharp pull-back on Wall Street.

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