Under fire: You re the Attorney-General, or you re not 6pr.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 6pr.com.au Daily Mail and Mail on Sunday newspapers.
Wall Street licence exemption a double-edged sword
Removing barriers to entry for global wealth managers could put downward pressure on investor fees, but undo hard-earned lifts in the quality of financial advice.
Share
A few years before the Hayne royal commission, a hot-shot wealth manager in a high-rise Manhattan boardroom was asked what it would take for him to bring his firm Down Under.
“Those big banks of yours would need to make some space,” the Ivy-leaguer replied, demonstrating a surprisingly astute knowledge of the Australian market. “And some of your rules and regulations would probably need to go too.”
Path ahead for WA Liberals could lead to reform or revenge – the choice is the party s theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
WA Liberals take stock after devastating state election result
The anger of WA Liberal Party members is boiling over following Labor s landslide election win. Many blame the loss on the party s green energy policy. Jacob Kagi reports.
More on: