The vast majority of managers said they wanted "the best person for the job". They had less idea of just who that might be, or how to ensure appointments on merit and equity targets co-exist.
Instead of matching long-term pension liabilities to long-term investments, investment markets fixate on short-term liquidity. Is a new approach now needed?
The system to rank financial advisers would help consumers avoid the high cost of bad advice, says UNSW Business School Professor Jerry Parwada.
Contagious populist ideology more than financial contagion should possibly scare us right now.
Changes announced to superannuation insurance are just the start of what's needed, says UNSW Senior Lecturer Gordon Mackenzie.
Analysis suggests import restrictions on bananas in Australia are a classic rent‐seeking policy, leaving Australians to subsidise each grower by more than $250,000 a year.
ASIC's plan to have enforcement staff work in banks is an important shift in oversight, says UNSW Professor Pamela Hanrahan from UNSW Business School. Tougher penalties for misconduct might be next.
Investors daunted by the stockmarket will soon be able to choose investment options in the same way as songlists, says a UNSW team of entrepreneurs.
Shemara Wikramanayake will take over at Australia’s biggest investment bank after leading its asset management division responsible for more than $500 billion in assets.
US quarterly GDP is at its highest point since 2014, but it's unlikely to last for a number of reasons.