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Financial services industry

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Briefing paper

Efic changes


Proposed changes to Australia’s export credit agency, Efic, pose serious financial, environmental and diplomatic risks. This paper argues that they should not be rushed through and must be subject to close scrutiny.
Report

APRA's policy priorities: information paper


APRA undertakes a program of regular policy review to ensure that the regulatory framework on which its prudential supervision is based remains fit for purpose. This paper sets out APRA's policy agenda for the next 12 to 18 months.
Report

Over 100 global financial institutions are exiting coal, with more to come


Global capital is fleeing the thermal coal sector, according to this report which calculates that today, over 100 globally significant financial institutions have divested from thermal coal, including 40% of the top 40 global banks and 20 globally significant insurers.
Report

Credit and hardship: report of the Senate inquiry into credit and financial products targeted at Australians at risk of financial hardship


The intractable maths of low income earners' family budgets pushes them towards the marginal credit products such as payday loans, consumer leases and debt management firms. This report argues that government can and should improve the terms under which these products are offered.
Report

Corporate sustainability reporting: the case of the banking industry


This paper argues that at this precarious stage in our planet and our society's health and well-being, and to ensure corporate sustainability, corporate social responsibility (CSR) reporting should be a standardized and mandatory reporting system.