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economy
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APRA fiddles on bank risk while Rome burns

Some argue, determinedly and erroneously, that when functioning correctly bank capital levels are almost magical things, writes… Andrew Schmulow, University of Western Australia Australian Prudential Regulation Authority (APRA) chairman Wayne Byers has made it clear the bank regulator will be cracking down on bank capital levels this year. Bank capital reserves are a loss-absorber, designed…

job employment
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We must do something about jobs for young people in a world of automation

Young Australian jobseekers are facing a difficult future due to the loss of many traditional entry-level positions to automation, a solution may lie in bold policy ideas, writes… Shirley Jackson, University of Melbourne As technology advances and changes our economy, young jobseekers will bear the brunt of changes in the labour market.  With the increasing…

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