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Fossil fuels are a threat to civilisation

14 October 2018 | The Intercept

AROUND THE MIDDLE of the last century, the chemical DDT was found to pose a risk to human and animal health. The ultimate response — after a prolonged fight between environmentalists and the chemical industry — was a federal ban on all uses of the substance found to be unsafe.


Banks face years of litigation, billions in costs after Hayne

17 September 2018 |

The major banks face years of rolling litigation and potentially billions of dollars in additional compensation out of the Hayne royal commission, as plaintiff law firms prepare a series of test cases over mortgage lending practices and regulators target other areas of bad behaviour.


The literature of liberalism

17 September 2018 | The Economist

The fourth and final instalment in our project to build a reading list of great liberal thinkers. The definition of liberalism has long been the source of disagreement. The tension between its various strands—such as American progressivism, libertarianism and the classical tradition


The Economist’s new China column: Chaguan

17 September 2018 | The Economist

GIVEN his love of Chinese teahouses, Mr Yang, a retired academic from Chengdu, was born in the right place at a terrible time. Within living memory his home town, the capital of Sichuan province, had boasted more than 600 teahouses, or chaguan. Some were famous for storytellers or opera.


AI may not be bad news for workers

17 September 2018 | The Economist

A SPECTRE is haunting workers—the rise of artificial intelligence (AI). The fear is that smart computer programs will eliminate millions of jobs, condemning a generation to minimum-wage drudgery or enforced idleness. Never mind the robots, fear the software.


Alleged fake honey's impact on Australia's bees and crops

11 September 2018 | Adele Ferguson & Chris Gillett

Key horticulture figures have echoed concerns about the need for a vibrant Australian beekeeping industry that provide bees to pollinate crops, in the wake of tests from a German lab which found that some honey sold in Australia was deemed adulterated.


APRA a 'hear no evil, see no evil' regulator

20 August 2018 | Adele Ferguson

When Reserve Bank Governor Philip Lowe told parliament on Friday "sunlight is acting as a very good disinfectant here", it was a signal from one of the highest powers in the land that the royal commission is serving to strengthen the financial system not tear it down.


Ethics in banking? That's a negative

16 August 2018 | Ruth Williams

Counsel assisting the commission, Michael Hodge QC, centre.Financial institutions charging fees for no service. Banks charging dead people. AMP misleading the regulator. Super funds obscuring the truth from their members.


'Enormous challenge and change': Telstra posts 8.9% fall in profit

16 August 2018 | Jennifer Duke

Telstra chief Andy Penn has had a difficult year at the telecommunications company.Telstra chief executive Andy Penn has warned of "challenges" over the coming financial year, while posting a net profit decline of 8.9 per cent to $3.53 billion in fiscal 2018, as the rollout of the national broadband network (NBN) continues and mobile competition heats up.


Black Forest: pain for forgotten victims of a financial disaster

30 July 2018 | Adele Ferguson & Ruth Williams

For almost a decade Dave Gilham has dragged around 20 kilograms of documents in a battered suitcase. The forensically compiled folders hold evidence of inappropriate advice, doctored loan forms and more than one hundred items of correspondence pleading with a bank for mercy.


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