Agribusiness, food & beverage Home
Bite Size Dealtracker
Food, Beverage & Agribusiness industry insights
Key insights for the Australian Food, Beverage & Agribusiness industry.
Royal Commission wrap up
Top 10 things for Financial Services providers
Eleven months on from the first round of hearings for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Hayne’s final report has been released.
Health & aged care Home
Aged Care Royal Commission
Setting the tone for the Aged Care Royal Commission
Last week’s hearings for the Royal Commission into Aged Care Quality and Safety, introduced the leaders of some of Australia’s peak bodies, unions, consumer organisations and the Secretary to the Department, Glenys Beauchamp. In all 26 witnesses were called.
Life sciences Home
Biotechnology Industry Position survey
Australia's biotechnology industry drives economic growth
The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.
Manufacturing Home
mid-sized business report
Manufacturing is critical to our economy – how can we support the sector?
Although the knock-on effects of the Australian automotive industry exiting our country are yet to be fully understood, the industry is evolving, and manufacturing continues to be a major employer and critical to our overall economy.
Not for Profit Home
NATIONAL OUTCOMES MEASUREMENT PROGRAM
A practical framework
Royal Commissions and federal budgets are critical things for Nonprofit human service providers to be thinking about at this point in time.
Real estate & construction Home
mid-sized business report
Supporting affordable housing requires planning, certainty – and tax reform
There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.
Retail & consumer products Home
GNC Group Consulting
The Technology Trap: Online innovation in retail
I recently attended the NRF Retail Big Show in New York, an overwhelming smorgasbord of retail technology and new store concepts.
Scaling-up for Growth
From start-up to scale-up
Navigating the complexities of growth and maintaining previous success is a challenge for all mid-size businesses.
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
The long-term outcome of all of this activity is still relatively unknown, but it is highly anticipated to result in an increase in regulation across the Australian financial services industry – an industry whose already high levels of regulation helped Australia weather the storm of the GFC.
This paper highlights the need to revisit the case for proportionate regulation across the financial sector, with consideration to all changes including prudential, conduct, industry, data and competition requirements.
The paper looks into:
The knock on effect of regulation
The costs of doing business and the proportionality of fixed costs
The value of giving back to the community
The impact of competition on innovation and the need for consumer choice
How proportionate regulation has been implemented in other jurisdictions
The need to tailor regulation to the size, complexity and risk profile of an institution
See the Customer Owned Banking Association’s (COBA) commentary on the report here.
Click here to read the second report, A Case for Proportionate Regulation: the cost of compliance.
“The Royal Commission will have implications for how risk to the consumer is minimised in the banking sector – most likely through regulation and additional resources. However, the level of risk isn’t the same across the sector, nor are the resources to carry the burden of additional regulation and requirements. The risk is disproportionate, and the regulation to safeguard consumers should be proportionate to reflect this.”
Darren Scammell – Head of Financial Services, Victoria
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