Search Results: financial services royal commission

  • AUSTRALIA

    Why powerful people behave badly

    • Conor Wynn
    • 06 July 2018
    12 Comments

    Pinning all the blame for poor behaviour on deliberate individual choice is a fundamental attribution error. We need to rise above the salacious gossip and the spectacle of corporate beheadings to understand what drives behaviour in powerful people, take a more reasoned approach and achieve sustainable change.

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  • RELIGION

    Vatican pointers for banks royal commission

    • Andrew Hamilton
    • 30 May 2018
    15 Comments

    As the royal commission prepared to resume its hearings into financial services the Vatican released Oeconomicae et pecuniariae quaestiones, on the ethics of markets. Although written quite independently, passages of the document could have been mistaken for factual reporting of the royal commission.

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  • RELIGION

    Accountability a virtue in churches and banks

    • John Warhurst
    • 22 May 2018
    33 Comments

    General apologies don't go far enough. Compensation is necessary, but also not enough. The reputation of the church would now be higher if there were more obvious signals of accountability by those in charge. The offer of resignation made as a group to Pope Francis by the entire Chilean hierarchy is a breath of fresh air.

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  • RELIGION

    Subverting idolatry in churches and banks

    • Andrew Hamilton
    • 02 May 2018
    31 Comments

    The banking royal commission has already come to resemble the earlier child abuse royal commission. To observers who share a personal and public-spirited interest in the decent functioning of institutions, the similarities invite reflection on why two apparently different forms of institution should behave in such similar ways.

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  • AUSTRALIA

    History taints Turnbull's fight against corruption

    • Brendan Byrne
    • 01 May 2018
    10 Comments

    While it is a matter of public record the Turnbull government blocked attempts to establish a royal commission into the financial services sector on multiple occasions, the question as to why, especially when it expeditiously facilitated a similar inquiry into corruption within the union movement, is of more than academic interest.

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  • RELIGION

    Address to future doctors

    • Frank Brennan
    • 31 January 2018

    'The place of religious and comprehensive world views in legislating, ethical decision making, and good medical practice informed by prudential resource allocation' — Remarks by Fr Frank Brennan to first year medical students at the University of Notre Dame Australia, 30 January 2018.

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  • AUSTRALIA

    On Aboriginal land: seeking a place at the table

    • Frank Brennan
    • 31 May 2017
    6 Comments

    Indigenous leaders this last week have called for the creation of two new legal entities. They want a First Nations Voice enshrined in the Constitution, and a Makarrata Commission set up by legislation. The Makarrata Commission would supervise agreement making between governments and First Nations and engage in truth telling about history. The envisaged destination is a national Makarrata (or treaty). So the immediate constitutional issue is the creation of the First Nations Voice. There is no point in proceeding with a referendum on a question which fails to win the approval of Indigenous Australia. Neither is there any point in proceeding with a referendum which is unlikely to win the approval of the voting public.

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  • RELIGION

    Finding meaning in a chaotic/changing world

    • Frank Brennan
    • 08 May 2017
    1 Comment

    Our Church is presently a strained, outdated social institution with an exclusively male hierarchy and clergy. But it is also the privileged locus for us to be called to the banquet of the Lord sharing theology and sacrament which have sustained the hearts and minds of similar pilgrims for two millennia. Thank God for Pope Francis who is showing us the way, helping us to find meaning in our changing and chaotic world, putting a fresh spring in the step of all those Catholics holding in tension the prophetic and the practical, the theological and the humanist, the tradition and the contemporary reality.

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  • RELIGION

    Tackling porn and alcohol key to family violence responses

    • Andrew Hamilton
    • 30 November 2016
    11 Comments

    One of the weaknesses in our society is its lack of effective regulations governing the marketing and availability of alcohol. A second is the ready availability of pornography, as many young men learn how to behave towards women from sadistic and explicit pornography. In the case of the lack of restrictions on the availability of both, churches concerned to respond to domestic violence will need to meet the libertarian objections to regulating profitable business and individual behaviour.

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  • AUSTRALIA

    The criminal law 30 years on

    • Frank Brennan
    • 13 October 2016
    2 Comments

    With idealism and pragmatism, I invite you criminal lawyers in the next 30 years to imagine and enact a better criminal justice system which alleviates rather than exacerbates the devastating effects of colonisation and marginalisation on Indigenous Peoples, and most particularly their children. An intelligently designed criminal justice system must help secure the foothold of Indigenous children in both the Market and the Dreaming.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • AUSTRALIA

    Budget for a post trickle down theory world

    • Fatima Measham
    • 18 April 2016
    10 Comments

    People are sensitised to government-enabled corporate excess and doubt elected officials are capable and willing to serve their interests. The lesson from the 2014 federal budget is that there are non-negotiables around the function of government: to provide the conditions that ensure the flourishing of all citizens. Yet in terms of future-proofing living standards, the Coalition has so far presided over an ideas bust rather than boom, unless boom is the sound of something spontaneously combusting.

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