The federal government has moved to level the playing field in the banking system with Budget measures - including but not restricted to the new levy - aimed at the Big Four, writes Associate Professor Harry Scheule.
Since its inception in 2008, digital currency Bitcoin has attracted critics who argue it’s inherently risky. The latest push to create an exchange traded fund (ETF) in order to make trading it easier, suggests attitudes towards it haven’t changed.
Speculators’ liking for Bitcoin means the virtual currency is unlikely to become a serious alternative to traditional mediums of exchange - or a threat to financial stability - any time soon, a new study concludes.
Benchmarking is not only bad for investors but also for markets, the founder of the Paul Woolley Centre at the University of Technology Sydney (UTS) will tell the centre’s 10th anniversary conference in Sydney in October.
UTS Bachelor of Mathematics and Finance student Nitya Wanzare has been awarded the Brian Gray Scholarship. The scholarship is only awarded to four students in Australia per year, to the value of $15, 000 each.
A well-backed startup has initiated talks with the Securities and Exchange Commission (SEC) for a new type of trading venue, dubbed the Long-Term Stock Exchange (LTSE). But could the plan create more problems than it solves?
Housing prices could be expected to continue to increase, though at a slower pace, under proposed changes to negative gearing and capital gains tax, according to modelling by UTS Business School researcher Dr Adrian Lee.
The 2016 Federal Budget took a small step towards reversing inequities in the superannuation system associated with its tax incentives but we remain locked in a flawed system, UTS Business School Professor of Finance Ron Bird says.
Royal Bank of Canada (RBC) and UTS Business School have formed a new partnership that will advance diversity in the finance sector, announcing two scholarships to be offered to female students from 2015.
The first scholarships have been awarded under UTS Business School's partnership with the Chartered Alternative Investment Analyst Association (CAIA), a global leader in education in alternative investments, a class of assets that includes hedge funds, commodities and private equity.
To increase the resilience of the Australian financial system the Big Four banks will be asked to carry larger capital buffers under recommendations made in the final report of theFinancial System Inquiry. Associate Professor Harry Scheule considers the impact.
As the fossil fuel divestment movement gathers pace, work is proceeding in parallel on strategies with the potential to convince other investors that they can reduce the carbon footprint of their portfolios and still meet their financial goals.
Janet Yellen takes over as Chairman of the US Federal Reserve after Ben Bernanke vacates the seat on Friday. Her impact on the global economy will come from decisions about monetary policy – specifically the Fed’s quantitative easing program – which will be felt around the world, Associate Professor Harry Scheule writes.
The big stick of regulation should be wielded with care lest it undermine the efficiency of markets, the financial services sector argues. But a Sydney conference has heard there are question marks over precisely how efficient capital markets are.