Australia's cruel retirement maze
Regulation of the retirement village and aged care industry is based on complex disclosure that is near impossible to understand. Governments hiding behind a 'buyer beware' principle just isn't good enough.
An ideological war will ravage Australia
A grand compact between unions and business is needed to usher in the economy's structural transformation, but such long-term vision is likely to be a casualty of ideological warfare.
Murray's blueprint highlights the financial sector's resilience and risks
The Financial System Inquiry's interim report highlights the stability of the financial system while recognising the challenges that new technology will pose for the incumbents and regulators.
The union inquiry is splitting the Abbott government in two
Some conservatives’ black-and-white view of industrial relations could get in the way of justice.
Yes, Ralph, it is a conspiracy
The government isn't stamping out sales commissions in financial advice, it's pushing a shrewd package of loopholes that are designed to let the banks have their way.
How the Morgans became an American banking dynasty
Once modern-day Medici's, the 1933 Glass-Steagall Act split the Morgan banking empire into two. While the family's actions may have paved the way for outsiders to step in, the Morgan name is going nowhere.
Lifting foreign investment caps won’t unshackle Qantas
Qantas is now open to foreign investment, and a potential associated restructure. But who would want to buy into the airline in its current state?
Murray must address the moral hazard in housing
The Financial System Inquiry interim report rightly identifies the risk in Australian banks’ fixation with high-leverage mortgages, but it must go further and address the source of the problem.
What Four Corners didn’t reveal about renewables
While the Four Corners program aired last week lamented Australia's position in the global renewables race, I was actually left uplifted and optimistic looking back to an eerily similar 2007 episode of Four Corners.
Too pure to die, too poor to live
Our super system is ill-equipped to provide elderly Australians with the income and flexibility needed to manage longevity risk. Increasing life expectancy rates will make matters worse.
The great Australian housing rip-off
The eagerness of Australian banks to lend has widened the house price-to-income ratio. For many young people today it makes little financial sense to leave the rental market.