James Fernyhough
Tony Abbott calls for everyone at ASIC to be sacked
Former prime minister Tony Abbott has blamed corporate watchdog ASIC for the “appalling” scandals exposed by the banking royal commission, but failed...
What the AMP scandal can teach consumers about financial advice
If there’s just one lesson consumers should take away from the AMP train wreck at the banking royal commission this week, it’s this: when it comes...
Scott Morrison announces new penalties for financial crimes
The government has announced stiff new penalties for individuals and businesses found guilty of financial crimes, including longer prison sentences and higher...
AMP boss Craig Meller quits following shocking revelations
The banking royal commission has taken its first scalp with the dramatic resignation of one of Australia’s top business people, AMP chief executive...
Record jobs growth shows first sign of ending
The recent record boom in employment has shown the first signs of ending as official figures revealed a significant drop in growth....
AMP’s scandalous admissions at royal commission draw outrage
Outrage is growing across party and ideological lines following extraordinary revelations that financial services giant AMP was routinely charging customers fees for no service,...
The trick AMP uses to circumvent five-year-old consumer protections
Five-year-old reforms intended to stamp out dodgy financial advice practices appear to have had minimal effect at one of the country’s largest financial advice firms,...
AMP admits putting shareholders’ interests ahead of customers, the law
Financial services giant AMP has admitted to putting short-term profits ahead of the interests of its customers and its obligation to obey the...
Home owners warned to get finances in order or risk being forced to sell
Property owners with interest-only mortgages have been urged to get their finances in order or risk being forced to sell, following a warning...
ACTU calls for radical reforms to industrial relations laws
The trade union movement has called for sweeping changes to industrial relations laws, proposing a new framework that would end 25 years of...