Financial illiteracy and the perils of the credit debt trap
The credit debt trap is a honey pot for financial institutions, and that becomes a problem mostly for the poor, says John Vaz.
Reserve Bank expected to keep cash rate on hold
The RBA is expected to leave the cash rate unchanged for now, but pressure is mounting for a move upwards.
Banking royal commission: dodgy financial dealings expose greed and moral vacuum
The banking royal commission has humiliated the banks, exposed dodgy financial dealings and shown the sector lacks a 'clear sense of moral purpose'.
Stock market turbulence the new normal in 2018
After years of calm, stocks are heading for a turbulent period as central banks wrestle with interest rates.
Even in the new cryptocurrency world, cash remains king
In 1637, a mania for tulips fanned the world’s first speculative asset bubble. In 2018, Bitcoin looks a lot like this.
The Monash researcher who devised a virtual currency
Before the invention of bitcoin, Joseph Liu was playing with an idea that would cut out the middle man in online currency exchange.
Will the banking royal commission achieve anything?
Concerns raised that the areas to be investigated may prove too vague to be of practical use.
Does the World Bank have a problem with its poverty figures?
The World Bank has claimed a significant decrease in global poverty. But has it set the measurement bar too low?
Forcing the banks to hand over our credit history might help with a home loan – but it has risks
The government needs to learn from the mistakes in the US in sharing our credit history information to third parties
The Murray Goulburn dilemma – co-operatives are dying out but they're still needed
Canadian dairy company Saputo’s bid for Murray Goulburn is just the latest example of how co-operatives are disappearing in the Australian business landscape.
The high cost of winning a class action
Cases in which litigants won – but got nothing – has swung the spotlight onto a group of largely silent third-party backers.
China's market lesson will be one of wealth transfer
The recent collapse in the Chinese share market was preceded by a boom – a boom that was, in turn, fuelled by relaxed restrictions on margin lending, and a growth in the shadow banking sector. Both served as inducements for Chinese retail...
China's five year economic plan is rich with symbolism
The final part of the Party keeping its contract with the people lies in being seen to keep leadership accountable, at least in the worst cases of abuse of power
Three ways China can tackle its currency dilemma
The PBC’s efforts to prevent a devaluation spiral by intervening in the foreign exchange markets have made the future value of the RMB much harder to predict. This has presented a challenge for speculators trying to judge when to short the...
China will need to be more transparent to achieve its development goals
Businesses and governments around the world are watching as China grows, innovates and extends its influence. We explore how the country got to where it is and what might be in store for its future in our series Understanding China’s Influence...
Why capital is fleeing China and what it means for Australia
China's foreign reserves are declining. ShutterstockForeign reserves at the People’s Bank of China (PBoC), China’s central bank, fell for the fifth consecutive month in November, dropping by US$69.1 billion to US$3.1 trillion. This is a level...
Australia risks missing out on China's One Belt One Road
Australia is late to the party in only recently expressing real interest in China’s One-Belt, One-Road initiative (OBOR). And if Australian businesses don’t take advantage of the opportunities available in this project now, there are plenty of...
Alice De Jonge
Law and Tax Expert
Professor of Chemistry
Senior lecturer, banking and finance
Senior lecturer, Clayton School of Information Technology
Professor of Finance, Monash Business School
Senior lecturer, banking and finance
Associate Professor, Director of Bachelor of International Business Program
Professor of Business Law and Taxation