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NAB staff took cash bribes to ’smash targets’

NAB staff took cash bribes to ’smash targets’

by Shared by Australian Financial Review | Mar 14, 2018 | News

The bank’s program of sales incentives has been forensically dissected by the Hayne royal commission on the first day of public hearings where it revealed instances of fraud, bribery, forged signatures and manipulation of incentive programs to trigger payments.Read...
Cash isn’t dead, it’s getting more popular, say central bankers

Cash isn’t dead, it’s getting more popular, say central bankers

by Shared by Australian Financial Review | Mar 12, 2018 | News

The Bank for International Settlements (BIS) said cryptocurrencies and the debate around them – such as whether cash would be replaced by virtual substitutes – were part of a broader debate about the nature of money.Read the full article on the Australian...
Zoning rules cost home buyers a fortune – and it’ll get worse, says RBA

Zoning rules cost home buyers a fortune – and it’ll get worse, says RBA

by Shared by Australian Financial Review | Mar 9, 2018 | News

That’s the premium imposed by government land-use regulations, according to Reserve Bank of Australia research, above and beyond the so-called marginal cost of land, or what it actually means to make available extra space for a new home.Read the full article on the...
Ken Henry laments a lost decade of tax reform

Ken Henry laments a lost decade of tax reform

by Shared by Australian Financial Review | Mar 2, 2018 | News

In his most detailed comments on tax since the release of his review eight years ago, Ken Henry will also issue a rallying cry to corporate leaders to elevate the debate over welfare-boosting reforms to assure Australians business is not pursuing cynical self...
Royal commission tipped to move on farm debt

Royal commission tipped to move on farm debt

by Shared by Australian Financial Review | Feb 19, 2018 | News

The move would deliver the time-poor inquiry headed by Commissioner Kenneth Hayne an easy win, with the current state-by-state system enjoying few supporters.Read the full article on the Australian Financial Review.
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