Deputy head David Lipton says global banking system is not prepared for another downturn Richard Partington Economics correspondent @RJPartington By Richard Partington Economics Correespondent – The Guardian Crisis prevention is incomplete more than a decade on from the financial crisis, the IMF’s deputy head, David Lipton, said. Photograph: Eddie Mulholland/Rex […]
There have been 30 cases of whooping cough reported on the Mid North Coast over the past four weeks, 19 of which have been in the Bellingen local government area. The Mid North Coast Local Health District is urging all pregnant women and new parents to be aware of the symptoms […]
After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown. By: Josh Boak and Joe McDonald (Associated Press) Few economists foresee an outright global recession within the next year. […]
When Amazon sent its Australian website live in December, the global e-commerce giant promised it would bring millions of low-price products to consumers and create thousands of local jobs. By Patrick Hatch “We hope to earn the trust and the custom of Australian shoppers in the years to come,” its […]
Financialised capitalism has failed, and cannot be fixed by more and better regulation By John Quiggin ‘A system of financialised capitalism like the one that prevails at present will inevitably be dominated by the self-enrichment of financiers.’ The royal commission into banks in Australla has uncovered fraud and misconduct on […]
In the earlier articles on this issues relating to the endorsement of work on a new complex in Gordon St were discussed. Now it is time to debunk the furphy arising out of the so-called CHCC’s Transformation to Sustainability (T2S) project. By Cob. In the earlier papers issues relating to […]
The biggest financial swindle in Australian history was not masterminded by a smooth-talking shyster in silk tie and fancy loafers. It didn’t involve complex money shifting to the Bahamas, the establishment of sham companies or falsified documents. By Jessica Irvine. Illustration: John Shakespeare The biggest financial scam ever perpetrated against […]
Reduced hours for same pay increased work-life balance by 24%, cutting stress levels and boosting commitment By Eleanor Ainge Roy The New Zealand company behind a landmark trial of a four-day working week has concluded it an unmitigated success, with 78% of employees feeling they were able to successfully manage […]
When the story of the next global financial crisis is written, few would imagine grey-suited accountants in the role of villain. By Michael Dulaney But the stereotype of accounting being boring belies how important the profession has become to everyday life. Much of the modern economy relies on the work […]
Was it a “technical error” or a “dirty secret” that casts a campaign against industry super funds in a new light? By Stephen Long Last month, the chairman of Industry Super Australia, former NSW Liberal Party leader Peter Collins, wrote to the Business Council of Australia’s (BCA) members accusing one […]