27 Sep 2023
Capturing the technological advantage
Cameron Mitchell |
Geopolitics and technology are being impacted by a trend not traditionally associated with bureaucracy: innovation.
Policy
01 Jul 2022
To have the heart for constitutional reform
Ken Adams & Yael Boneh | Group General Counsel & Lawyer, ANZ
The Uluru Statement from the Heart is an invitation. It is important – if not necessary – for all Australians to understand to what they are being invited.
29 Jun 2022
Is the payment revolution indebted to buy now, pay later?
Andrew Cornell | Past Managing Editor, bluenotes
Buy now, pay later schemes were touted as a payment revolution for the new age. But are they offering anything really that different? And what happens if they don’t succeed?
05 Aug 2021
Outlook splits across the ditch
Sharon Zollner & David Plank | NZ Chief Economist & Head of Aus Economics
An unusual gap between the Reserve Banks of Australia and New Zealand is starting to grow.
28 Jul 2021
Putting pressure on monetary policy
Shane White | Content Manager, Institutional, ANZ
The ongoing COVID-19 pandemic has shone a spotlight on old-school monetary policies and whether they can survive in a modern economy.
30 Apr 2021
Treating an organisational crisis
Andrew Cornell | Past Managing Editor, bluenotes
The pandemic has created an opportunity for businesses to partner with medical professionals to create a health-conscious workplace.
28 Apr 2021
Australian Federal Budget: what to expect
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
A much stronger economic outlook for Australia is likely to see a sharp improvement in the fiscal position in the 2021-22 Federal Budget.
08 Mar 2021
Opening up to gender blindness in economic policy
Richard Yetsenga | Chief Economist, ANZ
Through the COVID-19 recession, it was those with the least who have ended up losing the most. Specific economic policy is needed to recover.
11 Nov 2020
How capitalism can heal itself
Andrew Cornell | Past Managing Editor, bluenotes
In the aftermath of the US election, it’s time for major economies to think about how they approach – and measure – growth in a capitalist society.
17 Sep 2020
New stimulus drives strong recovery
Felicity Emmett & David Plank | Senior Economist & Head of Australian Economics, ANZ
Australia’s economy has weathered much of the COVID-induced storm - thanks to massive fiscal stimulus.
08 Sep 2020
Trading the US vote
Alan Mitchell | Columnist, bluenotes
Australia must watch developments in the US election closely to determine what impact the outcome has on trade.
26 Aug 2020
Believing in Mike Moore
Peter Parussini | Head of Corporate Affairs New Zealand, ANZ
In this excerpt, ANZ’s Peter Parussini reflects on his time with former NZ Prime Minister Mike Moore and the radical change Moore inspired.
29 May 2020
Risking it to support the economy
Nicola Greenberg & Kerensa Sneyd | Senior Associate & Managing Associate, Allens
Banks have a critical role in supporting the economy through this pandemic. But considerable risk is involved.
19 Nov 2019
Sukkar: housing supply, a game changer
Caryn Kakas | Head of Housing Strategy, ANZ
Supply and creation of affordable housing has financial, social and economic benefits for communities, says Housing Minister.
26 Sep 2019
Speaking up for culture
Clare Molan | Whistleblower Program Lead, ANZ
New whistleblower legislation will deliver value to both organisations and their wider communities.
02 Sep 2019
Responsible investing is value investing
Mathew Browning | CEO, U Ethical
All companies, both big and small, must be properly recording and reporting the benefits and risks of their investments.
29 Aug 2019
Lowering the intensity on carbon
Andrew Cornell | Past Managing Editor, bluenotes
ANZ is cutting its own carbon emissions but more significantly is supporting customers to lower emissions more broadly.
07 Aug 2019
The global financial crisis: still going strong
Andrew Cornell | Past Managing Editor, bluenotes
Competition and innovation need to be weighted carefully in the aftermath, and forefront, of a crisis.
13 Jun 2019
Trade in trouble: Asia must act
Wendy Cutler | Vice President, Asia Society Policy Institute
In the shadow of US-China tensions, the Asia Pacific must step up and lead reforms.
20 Mar 2019
Why the world wants more regulation. And what it means
Andrew Cornell | Past Managing Editor, bluenotes
There are a multitude of reasons why momentum is shifting towards more rules and regulations.
05 Mar 2019
How do central banks manage money?
James Culham | Executive Director, Institutional Portfolio Management, ANZ
The recent spikes in bank funding costs have implications for central banking policy.
14 Feb 2019
Elliott: responding to the Royal Commission
Brett Foley | Managing Editor, bluenotes
ANZ CEO says the bank must respond to the Royal Commission’s recommendations in two ways.
24 Sep 2018
How to cut the red tape hurting super savers
Kevin Davis & Rodney Maddock | Professors, Australian Centre for Financial Studies, Monash University
The unintended consequences of bank regulation unnecessarily short-changes super savers – but there’s a relatively low-cost fix.
05 Apr 2018
A warmer year for fossil fuel funding but finance climate still cooling
Andrew Cornell | Past Managing Editor, bluenotes
Global banks increased lending for “extreme” fossil fuels last year but will such finances be increasingly climate constrained?
04 Apr 2018
Australia, act now or risk missing green investment opportunities
Prof Martina Linnenluecke | Professor of Environmental Science at Macquarie University
The business benefits of adopting a purpose-beyond-profit approach are positive for all organisations, including banks.
23 Mar 2018
China poised for measured responses to US
Raymond Yeung | Chief Economist Greater China, ANZ
Expect retaliation from China in the event the US’ planned tariff positions go into effect.
23 Mar 2018
Japan’s quest to win friends and influence people
Mark Skulley & Jim Skulley | Freelance journalist & Honours student in international relations at La Trobe University
Japan still looks to the US to anchor its security but the signing of the revived TPP shows how it is looking further afield.
09 Mar 2018
Trump’s self-inflicted trade problem
Richard Yetsenga | Chief Economist, ANZ
The US is caught in a pincer movement of its own making on trade.
08 Feb 2018
New world order: Trump, trade & the TPP
Tony Walker | Author and Political Analyst
US involvement in the new TPP would not be simple given the remaining participants have re-negotiated its terms.
07 Dec 2017
New world order: threading the policy needle
Tony Walker | Author and Political Analyst
Australia’s Foreign Policy White Paper makes progress in coming to terms with the new geopolitical reality.
09 Nov 2017
Aus household debt continues to outrun income
David Plank | Head of Australian Economics at ANZ
Ultimately, higher interest rates will be required to bring household debt growth in line with income growth.
08 Nov 2017
New world order: the APEC paradox
Tony Walker | Author and Political Analyst
November’s APEC forum will be the first featuring an American President seemingly out of step with its founding principles.
02 Nov 2017
RBA should hold the line on rates
Richard Yetsenga | Chief Economist, ANZ
Inflation may give the RBA the cover it needs to hike next year.
25 Oct 2017
FTAs: myth posing as policy
Bill Carmichael, Alan Mitchell et al | Former chairman, Industries Assistance Commission & Former Economics Editor, AFR
The clarity of what is at issue in trade policy has been translated into the language of trade diplomacy.
24 Oct 2017
New world order: Xi’s China dream
Tony Walker | Author and Political Analyst
Chinese leader’s ambitious plan departs from growth-and-more-growth dictums of predecessors.
16 Oct 2017
New world order: a bridge to China
Tony Walker | Author and Political Analyst
Shifting power balances and China’s developing BRI presents key decisions for the next Australian government.
19 May 2017
Building regional Australia - post Budget2017
Simone Stella | bluenotes contributor
Jack Archer and Christine Linden sit down to dissect the emerging implications of the federal budget for regional Australia.
27 Mar 2017
Taxing times for Australia, Indonesia and the world
Mark Lawson | Retired senior journalist
The challenge of companies and individuals shuffling income and assets between jurisdictions - a major issue in the ASEAN region - has come to the fore in both Australia and Indonesia.
10 Dec 2016
Shining a spotlight on risky business
Mark Evans | Managing Director Transaction Banking, ANZ
If you are selling chocolate bars, the need for controls on food safety is obvious. If you are flying planes, safety checks are critical. But when it comes to financial services, the case for risk controls hasn’t always been so well understood.
25 Nov 2016
LONGREAD: Why would you invest in fintech?
Grant Halverson | Former CEO, McLean Roche Consulting
It’s now nine years since ‘fintech’, the buzz term for financial technology start-ups, entered the lexicon and threatened to upend banking as we know it. It hasn’t yet. But will it?
09 Aug 2016
Five reasons electronic voting faces big hurdles
Paul Edwards | Manager Operations Strategy, ANZ
In the aftermath of the 2016 Australian federal election a renewed discussion emerged about electronic voting in future ballots. The primary argument is such a move would accelerate the counting of votes and reduce the period of uncertainty following on polling day.
08 Aug 2016
VIDEO: Needless secrecy and the joint fight against corruption
Shane White | Content Manager, Institutional, ANZ
Australia must lift its game in the fight against corruption. The nation needs faster and more-visible law enforcement, increased disclosure and continued cooperation between business and anti-fraud groups.
04 Jul 2016
Filling the indigenous talent pipeline
Kath Walters | Content marketing consultant and freelance journalist
Down on the floodplain of the Goulburn River, in the regional town of Shepparton, a quiet revolution is taking place.
19 Apr 2016
Vietnam, its new regime and the regional trade landscape
Helen Clark | Freelance journalist & former Asian correspondent
Vietnam’s national congress ended in January. The five-yearly event decides the course of the nation and all top appointments. Politically they are of course intriguing but the latest could have a marked effect on the prospects for economic reform in the South-East Asian nation.
19 Apr 2016
The real long-term cost of bribery
Guy Boyd | Head of Financial Crime, ANZ
It’s an all-too-common argument touted in defence of bribery and corruption: it’s almost impossible to conduct business successfully and efficiently in certain markets, without paying bribes. Or so they say.
21 Mar 2016
The mystery of the missing $A100 note
Steve Worthington | Professor at Swinburne University
According to some of the world's central bankers, 'big noting' describes more than just the boastfulness of some individuals. It's a global currency trend.
04 Feb 2016
Right place, right time: the global trade environment in 2016
Tim Harcourt | Author, The Airport Economist
The Trans-Pacific Partnership (TPP) which covers 40 per cent of the global economy is soon to be signed by Trade Ministers in Auckland before going to each signatory's respective parliaments.
15 Jan 2016
The many reasons you should clean up your desk at work
Paul G Edwards | Publisher, BlueNotes
We know at BlueNotes – courtesy of our most-read story –the tie or no tie with business suit debate is a hostile one. But we've found another: desk management. Our publisher, Paul Edwards, was so stunned by the state of the desk of our managing editor, Andrew Cornell, he tweeted a pic of it.
12 Oct 2015
This Key may be hard to copy
Bernard Hickey | Publisher at Hive News
Everyone loves – and would love to copy – a winner.
09 Oct 2015
Four fundamental concepts of the TPP
Tom Kenny | Senior International Economist, ANZ
After half a decade of negotiations the US, Japan and ten Pacific Rim nations finalised the Trans-Pacific Partnership this week. The specifics of the deal remain unknown, but we can assume the TPP will promote economic interaction between the 12 negotiating countries which represent 40 per cent of the world's GDP.
02 Sep 2015
Murray Inquiry member welcomes decision on bank deposit levy
Kevin Davis | Emeritus Professor of Finance, University of Melbourne
The Australian government's decision to not impose an upfront fee on banks, based on insured deposits, to fund the Financial Claims Scheme is correct on both logical and practical grounds.
14 Aug 2015
Short term volatility, long term global currency. How will the RMB move from today to the future?
Andrew Cornell | Past Managing Editor, bluenotes
Unsettling economic data, an equities meltdown, now intervention in the Chinese currency market by the central bank. Signs China is stepping back from financial liberalisation?
11 Aug 2015
Foreign property buyers in NZ: how much is too much?
Bernard Hickey | Publisher at Hive News
There are moments in any public debate where a nerve is struck, when suddenly the issue becomes the thing everyone is talking about and triggers a shift in policy.
04 Aug 2015
Regulation: not enough lifeboats. Or too many?
Andrew Cornell | Past Managing Editor, bluenotes
Following the Titanic disaster – the shipwreck not the movie – the global shipping industry and governments vowed to make sea travel safer.
03 Aug 2015
Why ChAFTA is more than just another FTA
Mike Smith | Former Chief Executive Officer, ANZ
The decision by China's President Xi to travel to Australia last year to sign a Free Trade agreement, while largely symbolic, remains one of the most important economic events in Australia's recent history.
27 Jul 2015
The changes Australian agriculture needs
Mark Bennett | Head of Aus Agribusiness, ANZ
Australia's agricultural sector faces the pressure of expectation as mining investment winds down and the country looks north to Asia's growing demand to provide the next great boom.
24 Jul 2015
Australia's education gravity shift to Asia
Suzette Corr | Group General Manager Institutional Human Resources, ANZ
It was a while ago, but I often tell colleagues that as a student at the University of Western Australia I was more likely to be sitting in an economics lecture next to a peer from Asia than I was another woman from Australia.
21 Jul 2015
Banks finally have capital certainty
Paul Edwards | Manager Operations Strategy, ANZ
The Australian Prudential Regulation Authority's latest recommendations give the country's biggest banks much of the clarity around capital they have been waiting for, ANZ chief financial officer Shayne Elliott says, and the lender has a number of options available to ensure it meets the new requirements.
14 Jul 2015
APRA to banks: be chaste but not yet
Andrew Cornell | Past Managing Editor, bluenotes
Two things are clear about the future capital requirements for Australian banks following Monday's international capital comparison study by the Australian Prudential Regulation Authority.
29 Jun 2015
Intended, unintended and unexpected consequences of regulation
Andrew Cornell | Past Managing Editor, bluenotes
There are two ways of reading these lines from the new Bank for International Settlements (BIS) annual report: “Despite substantial efforts to strengthen their capital and liquidity positions, advanced economy banks still face market scepticism. As a result, they have lost some of their traditional funding advantage relative to potential customers.”
22 Jun 2015
It's seniors vs the RBA
Katie Hill | Strategist, ANZ
Reserve Bank of Australia assistant governor Christopher Kent issued a challenge last week. He said it would be useful to look at different types of households to understand whether the transmission of monetary policy through the Australian economy was becoming less effective. We've taken up that challenge.
03 Feb 2015
A new equilibrium in Indonesia
Indonesia is on the cusp of a new ‘golden era’ where the principal arms of economic policy in the country coordinate to implement new President Joko Widodo's development plan.
19 Dec 2014
New Aus bank capital regime will be evolution not revolution
Andrew Cornell | Past Managing Editor, bluenotes
While markets have focussed on possible new capital requirements for Australian banks in the wake of a major review, ANZ chief financial officer Shayne Elliott notes the new regime will come in gradually and banks have many options to manage the shift.
14 Nov 2014
The G20 can make a real difference – and not just for Brisbane
Mike Smith | Former Chief Executive Officer, ANZ
Most people living in Brisbane will be acutely aware that the G20 is coming to town. Whether it’s the festival that has seen the city bathed in lights as part of Colour Me Brisbane or today’s public holiday, it hasn’t been a normal working week.
07 Nov 2014
Commodity price falls unappreciated boon for ASEAN policy makers
ANZ Research |
Asian policy makers stand to benefit from commodity price disinflation as food and energy prices are plumbing the lowest levels since the great commodity inflation of 2005-08. They have their first opportunity to fundamentally revisit and unwind inefficient policies which effectively tax the allocative efficiency of their economies.
28 Oct 2014
Stress tests and inquiries not just about banks
Andrew Cornell | Past Managing Editor, bluenotes
Three of Australia and New Zealand’s four major banks report their full year profits over the next two weeks and the fourth, Commonwealth Bank of Australia, will provide a trading update. The consensus of public forecasts is for a solid season absent of one-offs such as restructuring costs.
27 Oct 2014
Indonesia: beyond the change, stability and opportunity
Joseph Abraham | Former President Director Indonesia, ANZ
The world’s attention has been focussed on the drama and romance of Joko Widodo’s journey to president, but the transition is also another chapter in the evolution of Indonesia into a major economy.
15 Oct 2014
The key challenges facing a new Indonesia
Daniel Wilson | Markets Economist, ANZ
In late October, Joko ‘Jokowi’ Widodo will be inaugurated as the seventh President of Indonesia. The island archipelago of 252 million people, spanning the distance of New York to Alaska, is at an economic crossroad and his presidency could well prove to be a defining moment in Indonesia’s economic history.
02 Oct 2014
What the RBA can learn from the RBNZ
Bernard Hickey | Publisher at Hive News
Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheeler has done it again; defying expectations to intervene in a market to overcome a problem he couldn't fix with conventional monetary policy.
05 Sep 2014
Phil Ruthven: Five things to think about Asia
Phil Ruthven | Futurist and Founder, IBIS
Futurist and IBIS Founder Phil Ruthven gave ANZ’s Opportunity Asia Insight Series function in Melbourne five critical insights
22 Aug 2014
De facto monetary policy easing confirms next rate move is up
ANZ Research |
The Reserve Bank of Australia this week reiterated a point made in its recent statement on monetary policy that lending rates in Australia have fallen this year despite the cash rate being on hold.
19 Jul 2014
Mike Smith: three key steps for global growth and better governance
Mike Smith | Former Chief Executive Officer, ANZ
It would be wrong to say we have come through the worst financial and economic crisis in living memory – because we are still coming through it. We may be out of intensive care but, to extend the medical metaphor, we are now dealing with a chronic malaise rather than an acute one.
16 Jul 2014
Traffic jams – physical and regulatory – gridlock growth and jobs
Mike Smith | Former Chief Executive Officer, ANZ
Around 400 business people from around the globe will converge on Sydney tomorrow for the opening of the B20 with one goal in mind: improve economic growth.
15 Jul 2014
FSI tackles efficiency, tech and super costs
Andrew Cornell | Past Managing Editor, bluenotes
For Australia’s last two major financial system inquiries, Campbell in 1981 and Wallis in 1997, the inquisitors could and did recommend and the government could and did accept measures which fundamentally reshaped the economy and its place in the world.
11 Jul 2014
Half time for the Murray Inquiry: interim report looms
BlueNotes reporter |
Financial centres, regulation, big versus small, non-bank competition. The cost of failure. The Murray Financial System Inquiry has been inundated with submissions in the run up to an interim report and these are the major themes. The question is how seriously the inquiry takes them. Some, inevitably, represent vested interests. But the “if it ain’t broke” approach must bear in mind things didn’t look broke in 2007 either.
08 Jul 2014
Good behaviour can't be regulated
Andrew Cornell | Past Managing Editor, bluenotes
In facing the media about Commonwealth Bank’s response to its financial planning malfunction, CBA chief executive Ian Narev made a crucial point about culture and regulation.
19 Jun 2014
Seven ways to derail diversity – and how to avoid them
Jacqueline Gillespie | Senior Client Partner at Korn/Ferry International
There is now, generally, greater focus on creating business cultures that are more accepting and inclusive of diversity.
16 Jun 2014
Challenges for Challenger Banks
Steve Worthington | Professor at Swinburne University
News the Australian retailer Coles have moved further ahead with plans to expand financial services, first revealed by BlueNotes editor Andrew Cornell last year, comes just as UK retailer Tesco is about to formally become a bank.
14 May 2014
NZ's house price deflation policy works
Bernard Hickey | Publisher at Hive News
The Reserve Bank of New Zealand’s unprecedented policy intervention to deflate house prices has worked According to the bank.
12 May 2014
Much more than a quarry to Australia’s business landscape
Catherine Welch | Researcher, The University of Sydney Business School
Mining companies deliver 54 per cent of Australia’s goods exports by value, according to the Australian Bureau of Statistics (ABS). But those same statistics show that these miners represent only 1 per cent of the number of Australian goods exporters.
29 Apr 2014
Central bankers talk a good game
Andrew Cornell | Past Managing Editor, bluenotes
Consider the most powerful tools of global central banks: interest rates, payments policy, quantitative easing. And then there’s jawboning, talking about themselves.
28 Apr 2014
Focus on US Fed and GDP data
Tony Morris | Queen's Counsel Lawyer
This period of relatively low volatility will continue – leaving aside geo-political risk – so good for equity markets.
08 Apr 2014
Super job creators are different
Mark Whelan | Group Executive Institutional, ANZ
Entrepreneurship is a word largely absent from Australia's national conversation.