Business Daily Media

The Times


.

Clare O'Neil on Labor's listening tour for banking victims

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

Shadow minister for financial services Clare O'Neil, who is leading Labor’s “roundtables” for victims of the banks and other financial institutions, says the ALP exercise will give a voice to people in areas the Royal Commission hasn’t had time to visit.

“There’s vast swathes of the country where the commission hasn’t been at all.” she tells The Conversation. “I just utterly reject that this is a political exercise”, she says in answer to government criticism.

O'Neil says she has “a lot of confidence” in Commissioner Kenneth Hayne but is concerned that with only four months until the final report there have not yet been any policy proposals. “It’s just that I think we will get to a better result if the government gives the commissioner more time.”

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more http://theconversation.com/politics-podcast-clare-oneil-on-labors-listening-tour-for-banking-victims-104333

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...