News & Comments

An insider once in charge of failing banks lifts the lid on banking

Hunters Race/UnsplashHarrison Young has had a long and distinguished international career in banking and finance. He started in senior executive roles in major United States banks, then became a US financial regulator, with responsibility for the resolution of failing banks. He was also a director of the Commonwealth Bank of Australia for ten years, and was on the court of directors of the Bank of England.

‘Green’ home features can earn developers 18% more, then save homeowners money in the long term: new study

For years, builders and developers have treated “sustainable” homes as someone else’s problem. Solar panels, batteries, double-glazed windows, correct insulation, good ventilation and better materials have been thought to be too expensive, too niche and too unprofitable to include in new homes, so they were left out.

The new price gouging law starts on July 1. Can it rein in Coles and Woolworths?

Australia’s new law on supermarket “price gouging” (also known as excessive pricing) starts on July 1 2026.

It prohibits any very large supermarket with revenue exceeding A$30 billion – currently only Coles and Woolworths – from charging a price for a grocery product that is significantly excessive compared to the cost of supply, plus a reasonable margin.

Pages

Subscribe to News & Comments