Customers will still not be sure they are receiving independent financial advice unless the industry goes further than the royal commission's recommendations, says UNSW Business School Professor Jerry Parwada.
The royal commission report is a unique opportunity for customers to expect significant changes of financial instutions, which are on notice to respond, says Professor Pamela Hanrahan of the UNSW Business School.
Some of the big hits failed to materialise, but the banking royal commission final report still lays out serious challenges for the industry, say experts from the UNSW Centre for Law, Markets and Regulation.
In energy-poor Malawi, businesses stop trading and children cannot study when the lights go out at night. UNSW Business School's Shanil Samarakoon is illuminating the future for developing communities.