Tag Archives: banks

Corporate Governance podcast chat with Stephen Howell from Effective Governance

In my latest Economics Explored podcast episode, I speak with Stephen Howell, Principal Advisor of Effective Governance, part of the Hopgood Ganim Advisory Group, regarding the importance of good corporate governance to a well-functioning economy. One of the leading textbooks … Continue reading

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Why the world needs economists – latest podcast episode

In my latest podcast episode, I explore what economists do and why the world needs them. I talk about the important roles that economists play in advising on government budget and economic policies and on the feasibility of specific projects, … Continue reading

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The Deficit Myth and Modern Monetary Theory – latest podcast episode

I’ve recorded some thoughts on Stephanie Kelton’s best-selling book The Deficit Myth which is popularising so-called Modern Monetary Theory: The Deficit Myth and Modern Monetary Theory – initial views In my recorded conversation with my Adept Economics colleague Ben Scott, … Continue reading

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Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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Thankfully Hayne recommendations are fairly benign – respected commentators have started panicking over economy

Many economists and finance commentators were concerned that the recommendations of the Hayne Royal Commission into banking would lead to further restrictions on credit availability with adverse consequences for the economy. Thankfully the recommendations seem pretty benign, nothing that the … Continue reading

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A question you could ask RBA Deputy Governor Guy Debelle at ESA Qld business lunch on 22 August

Ten years after the 2008 financial crisis, economists are still debating whether the policy response at the time was excessive or insufficient (e.g. the excellent recent Macro Musings podcast with Larry Ball on the Lehman collapse) and whether banking needs … Continue reading

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Great work BDO, which had the best Budget summary (and a highly entertaining breakfast)

Leading accounting firm BDO consistently produces the best federal Budget summary, and this year’s did not let them down. The sub-title of the 2017 Federal Budget summary is: A quick sprint to the finish line for housing affordability, but still … Continue reading

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Corporate whistleblowers need better protection

At the QUT Business Leaders’ Forum lunch at the Sofitel in Brisbane on Monday, NAB CEO Andrew Thorburn was subjected to a tough line of questioning from the forum moderator, veteran ABC journalist Kerry O’Brien. Thorburn generally performed well, although … Continue reading

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Upcoming lecture on whether Australia should have a Royal Commission into banking

Last month in Perth, at the WA Local Government Association Convention, I was lucky enough to hear a speech by former Australian Chief of Army David Morrison, in which he asked what comes to mind when you hear the words … Continue reading

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BOQ’s Peter Deans to give ESA Qld seminar on risk management in financial services

Banks play an important role in modern economies: looking after people’s money, facilitating transactions, and providing credit that gives economies momentum but which can also impart volatility—e.g. when too rapid credit growth inflates housing or commercial property bubbles. Banks are … Continue reading

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