Business & Law

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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.

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Bank shares soared 4% to 7% after the royal commission report. That could be because it will do them little harm.

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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.

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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.

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There are five key areas where the imminent financial services royal commission final report can propose change to protect consumers from the abuses endemic in these industries. 

The banking royal commission, with Richard Holden of UNSW Business School

Whatever the recommendations of the banking royal commission to be made public on Monday, customers of our recalcitrant financial institutions are in for a rough ride.

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The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?

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Donald Trump's pick to head the World Bank could well weaken the organisation's importance in international development and finance.

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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.

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Trade tells a story of modern Australia that began long before January 26, 1788.

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