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The Editor | 10/7/2017
The Actuaries Institute is delighted to announce that Michael Rice has been named Actuary of the Year 2017. Michael is a leader within the industry, and well known as a fearless advocate for good public policy across Australia’s superannuation and retirement sectors.
The Australian | 9/15/2017
It was 9.39am and 10C outside when a huge electronic document slid out through the encrypted walls of the secretive intelligence organisation Austrac and into the Federal Court of Australia. It landed with a loud crash. The document would not only stun the corporate world, it also would up-end the Commonwealth Bank of Australia.
SMH | 9/8/2017
A former chief of the prudential regulator and a former boss of the consumer watchdog have been appointed to the APRA panel examining the culture of the embattled Commonwealth Bank.
The Australian Prudential Regulation Authority (APRA) announced on Friday that former APRA boss John Laker, former head of the Australian Competition and Consumer Commission Graeme Samuel and company director Jillian Broadbent would conduct the review of CBA it announced in late August.
AFR | 9/3/2017
The Trump administration said it would unleash a "massive military response" if North Korea threatens its territory or foreign allies and warned it might cut off China from the US economy in response to Pyongyang's nuclear weapon test on Sunday. As the nuclear crisis reached its most treacherous flashpoint so far, President Donald Trump opened up the possibility of imposing unprecedented economic sanctions against North Korean trade partners and left open the option of war.
SMH | 8/28/2017
The banking regulator will launch an unprecedented public inquiry into the Commonwealth Bank, after a run of scandals that have undermined public trust in the country's biggest bank.
Australian Prudential Regulation Authority chairman Wayne Byres said the inquiry followed damage to the bank's reputation and public standing by a range of issues, most recently allegations it breache