Business News

CBA's board needs to take ultimate responsibility for the bank's failings

Written by Pat McConnell, Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University

Something appears to be very wrong with risk management at the Commonwealth Bank (CBA), that cuts right across the bank. There have been risk management problems in the retail (money laundering), institutional banking (foreign exchange and bank bill swap rate benchmark manipulation) and wealth management (Comminsure scandal) arms of the bank.

This...

Elevating Business Spaces: Top Commercial Interior Designers in Melbourne
In the dynamic world of business, first impressions are everything. Whether it’s a bustling corporate office, a stylish ret…
Want to save yourself from super scams and dodgy financial advice? Ask these questions
Is there anything you can do to protect your superannuation from dodgy providers or questionable financial advice? And if som…
As post-election talks drag on, what will Hobart’s proposed stadium actually cost Tasmanians?
In the wake of last week’s Tasmanian election that delivered another hung parliament, the new government will need to s…
What Does a Building Management Committee Do in Strata?
If you’re part of a mixed-use property, you’ve likely heard of a BMC but may not be clear on what it actually does. It does…
Butter wars: ‘nothing cures high prices like high prices’ – but will market forces be enough?
RobynRoper/Getty ImagesThe alarming rise of butter prices has become a real source of frustration for New Zealand consumers, …
Profitable Precision: How Trading Accelerates Business Growth
Trading, particularly in the financial and cryptocurrency markets, is more than a mere side venture—it can be a strategic ass…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Boutique Homes announce appliance change to Fisher & Paykel
ABN Group’s residential home building brand, Boutique Homes, today announced the transition from ILVE to Fisher & Paykel for standard inclusion. Customers yet to complete interior selections and attend…

This NZ law aims to give people with criminal convictions a ‘clean slate’. It’s not working
Andrey_Popov/ShutterstockIf you own a business, would you be willing to hire a person who has been convicted for a crime? Give them a chance when a background check shows they…
Will New Zealand's $50 billion budget boost Jacinda Ardern's chance of being re-elected?
Wes Mountain/The Conversation, CC BY-NDNew Zealand Prime Minister Jacinda Ardern has won global admiration for her personal style. But how will Kiwis judge her government’s performance at the ballot-box in…
The Right Natural Skincare Products Online
Welcome to the world of natural skincare! The internet has opened up a wealth of options for those looking to improve their skin health and turn to natural treatments. As…

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...