Tag: banking

Ideology triumphs over evidence: Morrison government drops the ball on banking reform

Political pressure forced the federal government in 2017 – when Scott Morrison was treasurer – to call the royal commission into misconduct in the banking, superannuation and financial services sector. Commissioner Kenneth Hayne delivered 76 recommendations to reform the industry…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

Battlegrounds: highly skilled Black African professionals on racial microaggressions at work

Highly skilled Black African professionals report experiences of racial microaggressions at work are common and are expressed in a variety of ways. My recent study published in the British Journal of Social Work has found workplaces can be “battlegrounds for…

NZ businesses are still including potentially unfair terms in their general contracts — consumers deserve better

The last time you used a car parking building and paid for the service online, did you pause to read the terms and conditions? If not, you might be surprised to find the car park operator could have the right…

How Banks Could Bail Us Out of the Climate Crisis

Subscribers to The Climate Crisis newsletter received this piece in their in-boxes. Sign up to receive future installments. On Friday, the Comptroller of the Currency, Brian Brooks, proposed a new rule that would prohibit banks from refusing to lend to…