• Westpac chair John McFarlane

    Westpac chair John McFarlane vowed to continue the defence against civil penalty orders brought by AUSTRAC on more than 23 million alleged contraventions of anti-money laundering and counter-terrorism financing laws. Image credit: supplied

    Banking on Justice: Old and new tricks

    By Marion Rae, Fri 5 June 2020

    Already backed by access to cheap debt and solid capital buffers, the A$680 million HomeBuilder scheme is another shot in the arm for banks to ride out the pandemic. 

Stay informed - subscribe to our newsletter.
The subscriber's email address.




  • Post-COAG: Same but different

    Tue 2 June 2020

    Prime Minister Scott Morrison declared “COAG is no more” but the reality of federation means much of its brains trust will remain.

  • JobMaker: A plan for a plan

    Tue 26 May 2020

    Millions of Australians face a September cliff edge where current government and bank support cuts out but the Morrison government has a plan for a plan.


  • ‘Team Territory’ gunning for NT

    Wed 27 May 2020

    The Green Paper on Operation Rebound maps an NT reboot, backed by a squad of bankers, policymakers, community leaders, retired politicians, and oil and gas executives.

  • IT grows cyber risks

    Mon 25 May 2020

    Technological advancement is leading to greater efficiency, but also increased risks of cyber attacks, the Bank for International Settlements has found.