Author: Kevin Davis | Banking and Capital Markets, Funding Australia’s Future, Opinion Pieces
Published by Australian Financial Review on Thursday 12 June 2018 With ideology driving the corporate tax debate, one important fact crucial to informing policy gets consistently ignored. Australia has a dividend imputation tax system....
Author: Stephen King | Banking and Capital Markets, Conference Papers, Opinion Pieces
Banking it is claimed is facing a period of disruption and uncertainty. Technological advances, it is argued will transform the industry and sweep away old institutions. Alas, I am here to deliver the ‘damp squib’. Tonight it is my sad duty to say that the banking...
Author: Kevin Davis | Banking and Capital Markets, Opinion Pieces
Australia’s competition watchdog has laid criminal cartel charges against the ANZ, Citigroup and Deutsche Bank as well as six senior executives. It relates to a $2.3 billion share issue in 2015 and the trading of ANZ shares held by Deutsche Bank and Citigroup....
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Representatives of small business are watching nervously from the sidelines as the royal commission hears nightmare cases of failed enterprises causing people to lose their homes. But they warn it could backfire if the banks are hit with tighter lending regulations,...
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review on Wednesday 2 May 2018 The banking royal commission has been full of horror stories. To some extent this is not surprising. Banks undertake millions of transactions per year so it is hardly surprising that there are some...
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review on Wednesday 18 April 2018 The revelations in the Hayne royal commission about AMP have been particularly shocking. This is certain to become a case study for future MBAs in how to mismanage a corporate problem. Errors in the...
Author: Carly Moulang . Jimmy Feng . Paul Gerrans | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Opinion Pieces
Women are less active in managing their super when there are more men in the office. (Shutterstock) Just as our peers can influence what movies we go to or where we go on holiday, our research suggests that Australians’ superannuation investment decisions are...
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review on Wednesday 7 February The Productivity Commission draft report into banking competition is very large, but it really focuses on just four issues. The first is that people buying financial products should have better...
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review on Tuesday 16 January Australia can eliminate the use of cash in its economy, Richard Holden has argued in these pages this week. He mainly focused on the benefits in terms of reducing illegal activities, in reducing tax...
Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review, Wednesday 6 December Much of the current debate about bank culture focuses on the remuneration and incentive systems. This is largely misplaced. Big banks have multiple cultures and those cultures are shaped by a variety of...