The financial world looks very different when viewed from the basement Economy & Industry There is a gulf between how money, banking and finance are commonly understood and how things actually work down at the foundations.
ACCC’s flawed inquiry into bank deposits will stifle reform August 3, 2023 By Stuart Kells and Ian Shepherd Economy & Industry If the ACCC continues on its course, the bank deposit inquiry findings will not be well-founded and cut off large and fertile frontiers in banking and finance.
Does the US want bank lending to continue in smaller and medium-sized communities? July 16, 2023 By Stuart Kells and Ian Shepherd Editors' Picks Banks don’t relish holding deposits. They are a costly nuisance in ordinary times and dangerously risky in times of financial turmoil.
Banking and finance policy conversation needs an urgent re-set June 30, 2023 By Stuart Kells and Ian Shepherd Economy & Industry The inquiry into the market for retail deposit products supplied by authorised deposit-taking institutions is starting from the wrong place.
Premium Insights and analysis SVB’s failure was not reminiscent of the GFC, and here’s why May 1, 2023 By Stuart Kells and Ian Shepherd Economy & Industry Everyone is looking for a way out of the latest financial crisis that was SVB. Understanding how banking actually works is the first hurdle.