Capitalism has failed

Posted by Michael on October 4, 2008, 6:22pm, 211 views,  Leave a comment

Capitalism has failed. That’s the only conclusion to draw from the $US700 billion bail-out package to secure world financial markets. Read more

Turbulence on world financial markets

Posted by Michael on September 19, 2008, 2:54pm, 352 views,  Leave a comment

Wall StreetThe Australian stock market bounced back today after a rough and tumble week in response to financial troubles on Wall Street.

The wild fluctuations are unsettling for investors, and frankly, unless you have cash to burn there is little motivation to put money in stocks just at the moment. Read more

A case for banking regulation

Posted by on August 2, 2008, 10:35am, 265 views,  Leave a comment

Talk is rife the Reserve Bank will lower official interest rates, but the banks won’t pass on the reduction to customers. Read more

Time to frighten the horses

Posted by on May 5, 2008, 3:19pm, 678 views,  2 comments

For a country that’s arguably over regulated Australia is surprisingly lax in its supervision of financial services. Read more

Offshore employment

Posted by on May 1, 2008, 5:03pm, 366 views,  Leave a comment

I don’t want to be seen as a bank basher, but can’t help it when I read reports like this one from Westpac. Read more

NAB raises interest rates

Posted by on April 27, 2008, 4:45pm, 298 views,  1 comment

I don’t understand how banks are able to raise interest rates independently of a Reserve Bank decision. Read more

Media Alliance weighs in

Posted by on April 18, 2008, 10:11pm, 270 views,  Leave a comment

West Australian Attorney-General Jim McGinty has barred journalists from The West Australian from receiving notice of government media conferences. Read more

Conflict of interest

Posted by on April 15, 2008, 4:43pm, 272 views,  1 comment

Michael West wrote a strong and thoughtful opinion piece in The Age on Opes Prime and the role of Australia’s corporate regulators. Read more