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when watchdogs become pets – or the problem of 'regulatory capture'

  • Written by Richard Holden, Professor of Economics, UNSW
imageAustralia's two financial watchdogs have been criticised for their cuddly relationship with banks.Shutterstock

Markets require regulators. As Adam Smith, the champion of the invisible hand, notes in The Wealth of Nations, when individual interests are left unregulated they work to turn competitive markets into monopolies.

But what happens when...

Samsara Eco expands global leadership team

Industry heavyweights join Samsara Eco to accelerate its enzymatic recycling technology Chief Innovation Officer and Executive Product Director a...

National Print Awards Announce Ricoh Women in Industry Award

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Financial Forecasting: 3 Tips for SMEs

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NextOre Unveils World First MR Analyser for Underground Copper Trucks

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Incode joins Australia’s Age Assurance Technology Trial to protect children online

With a market-leading +99% accuracy rate, Incode will play a key role in safeguarding Aussie minors on social media Incode Technologies Inc., a...

Empowering small businesses: Localsearch rolls out affordable digital solutions

New suite of digital solutions designed to boost visibility, engagement, and customer acquisition In response to a rapidly evolving digital lan...

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