Business News

Hayne holds fire, but the banks' day of reckoning is coming

Written by Andrew Linden, Sessional Lecturer, PhD (Management) Candidate, School of Management, RMIT University

Putting people rather than profits at the centre of banking culture is possible, but difficult.Shutterstock

The evidence presented in the first four rounds of the Royal Commission into Banking and Financial Services was harrowing.

It would be a mistake to think the appalling misbehaviour uncovered so easily by the Commission was unconnected, just a...

AI can help the government spend billions better. But humans have to be in charge
Getty ImagesThe New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, ser…
‘America’s big case’: the US Supreme Court raises doubts about Trump’s tariff regime
The US Supreme Court has heard arguments overnight on the legality of President Donald Trump’s “liberation day&rd…
As retail workers brace for the silly season, this 20c solution could dial down customer verbal abuse
More than 1.4 million people are employed in Australian retail and fast food businesses. Sadly, it’s not always a happy…
Could a ‘grey swan’ event bring down the AI revolution? Here are 3 risks we should be preparing for
James Lauritz/GettyThe term “black swan” refers to a shocking event on nobody’s radar until it actually hap…
How the plastics industry shifted responsibility for recycling onto you, the consumer
Australia’s recycling system has been lurching from one crisis to another for decades. Soft-plastic schemes are collaps…
Navigating the New Normal in Fleet Operations: A Raw Look at 2025’s Industry Shifts
The Year of Reckoning for Fleet Management 2025 isn’t just another year for fleet operators. It’s the year where everythi…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

We compared the Labor and Coalition’s income tax proposals to see who benefits most
ShutterstockWe now have the competing bids for our votes by the alternative governments on income tax policy. From Labor, future cuts to the lowest marginal tax rate and new standard…
Top 3 Ways — A Call Center Can Assist Your Company in Growing Sales
Call centers are becoming more common, especially those using Omnichannel software rather than the more typical multi-channel—the seamless integration of all kinds of phone and digital communication. Which is only feasible…
Business Savings vs. Checking Accounts: Key Differences
Your business is like a well-oiled machine, but its gears and cogs are the financial tools at your disposal. Their value lies not only in their existence but in the…

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...