Welcome to Eureka Street

back to site

Keywords: Westpac

  • AUSTRALIA

    Shaking faith: the Taylor and Westpac scandals

    • Joe Zabar
    • 04 December 2019
    4 Comments

    In light of the banking royal commission and the government's work in developing a plethora of transparency and integrity measures, it beggars belief how Brian Hartzer and Angus Taylor could bring upon themselves and their respective institutions so much unwanted publicity.

    READ MORE
  • CARTOON

    The Australian dream

    • Fiona Katauskas
    • 26 November 2019

    READ MORE
  • AUSTRALIA

    Banks remain protected species

    • John Warhurst
    • 04 February 2019
    10 Comments

    Kenneth Hayne's royal commission into the financial sector has named, shamed and excoriated banks, regulators, insurance companies and other financial services businesses to the extent that you would think they are now extremely vulnerable and universally unloved. That would be a mistake.

    READ MORE
  • ECONOMICS

    What it will take to redeem the banks

    • Andrew Hamilton
    • 05 December 2018
    8 Comments

    Now that the royal commission hearings have finished, people are asking whether things will change. There are grounds for both cautious hope and pessimism. Hope is based on the expectation that the exposure of greed, complacency and lassitude in institutions, boards and regulators will lead them to hunger for a better reputation.

    READ MORE
  • AUSTRALIA

    Building social justice through shareholder advocacy

    • Ann Deslandes
    • 26 May 2017
    4 Comments

    Wealth inequality in Australia is flourishing. The top one per cent of household wealth in Australia is moving toward being 20 per cent of total wealth, and the country is a preferred destination for millionaires. With a government that prefers to impoverish and vilify the disadvantaged and spend big on coal mines, this does not look likely to shift. But there are always other paths to social justice, and in Australia one may be through the millionaires - or at least the companies on which their fortunes are built.

    READ MORE
  • RELIGION

    Best of 2013: Advice for the Pope on reforming the Church

    • Geraldine Doogue
    • 14 January 2014
    13 Comments

    I wish he would invite me to be his temporary consultant, to offer him advice for his next 500 days. I'd begin by proposing a substantial Vatican-led inquiry, into why the Church has been so troubled by sexual abuse across various countries. Then I would point to the experiences of several large secular institutions, including the New York Times and US Army, that have rebuilt after crises.

    READ MORE
  • ECONOMICS

    Australia's Noah's Ark economy

    • David James
    • 05 November 2013
    2 Comments

    Australia is very much the 'Noah's Ark' economy: two of everything. Consider the spate of industry sectors in which only two companies dominate: airlines (Virgin and Qantas); paper and packaging (Visy and Amcor); print media (News Corporation and Fairfax). The Federal Government's announcement that it will be launching a 'root and branch' review of Australia's competition law will, at the very least, make for a fascinating spectacle.

    READ MORE
  • RELIGION

    Advice for the Pope on reforming the Church

    • Geraldine Doogue
    • 24 September 2013
    35 Comments

    I wish he would invite me to be his temporary consultant, to offer him advice for his next 500 days. I'd begin by proposing a substantial Vatican-led inquiry, into why the Church has been so troubled by sexual abuse across various countries. Then I would point to the experiences of several large secular institutions, including the New York Times and US Army, that have rebuilt after crises.

    READ MORE
  • AUSTRALIA

    Abbott's night of the short knives

    • Tony Kevin
    • 20 September 2013
    6 Comments

    Under the US revolving door model, top public service jobs are held by staff who are openly politically affiliated. When government changes, they go back to their jobs as special interest Washington lobbyists. Australians have made clear we don't like that system. It is open to corruption, and when our governments flirt with it, they usually come to regret it.

    READ MORE
  • AUSTRALIA

    Consumer confidence can't be bought

    • Andrew Hamilton
    • 16 June 2008
    2 Comments

    Rising petrol prices and interest rates mean Australians' confidence in the economy has declined to the lowest level for 16 years. There is a need for a deeper source of confidence beyond economic good times.

    READ MORE
  • ECONOMICS

    Financial decisions not value-free

    • Les Coleman
    • 08 August 2007

    Investors are buyers of financial products and services and this affords them a unique opportunity to shape the nature of markets and financial institutions. They should not be shy to use their power to promote sustainability.

    READ MORE
  • AUSTRALIA

    News from everywhere

    • Eureka Street editors
    • 07 July 2006

    Philip Berrigan, accountability, comic opera, and senior graffiti

    READ MORE