Sunday, May 10, 2026
POLITICS

Taxpayers should not be subsidising lifestyle of wealthy retirees

A reverse death tax that helps the rich The dividend imputation system is a rort Australia can’t afford, write Emma Dawson and Tim Lyons. Australia’s dividend imputation system was introduced by Paul Keating in 1987. Its...
Bob Lee -
POLITICS

After previous failures, doubts linger over the ability of APRA and ASIC to lift their game

Doubts have been raised whether the nation’s two peak financial regulators will be able to sharply lift their efforts after the banking royal commission recommended they take more strong-arm action while facing extra oversight...
Bob Lee -
POLITICS

Compensation scheme to follow Hayne’s indictment of financial sector

Compensation scheme to follow Hayne’s indictment of financial sector Michelle Grattan, University of Canberra The Morrison government has promised to establish a compensation scheme of last resort - paid for by the financial services industry -...
Bob Lee -
POLITICS

Banking Royal Commission: no commissions, no exemptions, no fees without permission. Hayne gets the government to do a U-turn

Banking Royal Commission: no commissions, no exemptions, no fees without permission. Hayne gets the government to do a U-turn Peter Martin, The Conversation Treasurer Josh Frydenberg was glossing over history when he said the final...
Bob Lee -
POLITICS

Yes, Kenneth: Coalition response to banking inquiry is pure politics

The government hopes to neutralise the shocking royal commission evidence by accepting everything Kenneth Hayne recommended In political terms, it’s blindingly obvious why. A federal election is in sight. The Coalition is vulnerable on this...
Bob Lee -
POLITICS

The truth about political donations: there is so much we don’t know

Approximately $15 million in donations was disclosed by donors, a small proportion of parties' total funding. The Liberal Party received $95 million in funding across its eight separate divisions, which includes donations and other receipts...
Bob Lee -
FUA AWARDS

What the bank bosses had to say at the royal commission, in language you can understand

What the bank bosses had to say at the royal commission, in language you can understand In the commission’s interim report released in September, Commissioner Kenneth Hayne said the regulators had sufficient powers to police their...
Bob Lee -
POLITICS

Here’s a tip that could make banks phenomenally successful: radical honesty

Here's a tip that could make banks phenomenally successful: radical honesty Radical honesty works, but it is difficult. Shutterstock Louise Metcalf, Macquarie University Appearing before the banking royal commission, the newly appointed head of the Commonwealth Bank, Matt...
Bob Lee -
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