The Glass Pyramid

In the previous post “Fixing Oz Banks: Why is “taking deposits” so important to bank “lending”?” we considered the features of banks that make them “special” and different to non-banks. Those features include: […]

Recent Glass Pyramids posts “MyRBA: Banking without the banks” and “Fixing Oz Banks: The critical Bank Royal Commission reform” have discussed some major reforms to Australian banking including the introduction of MyRBA […]

The Banking Royal Commission is still in full flight and doing a great job turning a spotlight on the rotten, murky and often crooked Australian banking system but one desperately needed reform […]

This recent Glass Pyramid post “Trade Wars – Easy to stop and even easier to avoid” discussed how trade wars are not determined by the unilateral actions of one country.    The post […]

Nothing generates more interest in living rooms across Australia than predictions about the future of the Great Australian House Price bubble. Generally the Glass Pyramid avoids this “popcorn” pastime, and today is […]

One thing that is increasingly obvious is that the current model used by much of the world for managing public monetary systems is fundamentally broken.  Instead of serving the public interest modern […]

There were always limits to what the Banking Royal Commission could do in the time available and within the restrictive terms of reference set by Prime Minister Malcolm Turnbull.   However, one thing […]

After a dismal record of failure, the enthusiasm of the ideological extremists in the Turnbull government for Free Trade Agreements is as strong as ever.    They are now proposing that Australia […]

The debate about how big the population of Australia should be and how quickly we get there would be a lot more civilised if those promoting a Big Australia were more honest […]

The people of Western Australia have long been irritated by the entitled attitudes of the ‘Eastern States” and Canberra and often with good reason. With the rise of neoliberalism,  the Australian economic […]

While most Australians have been shocked by the dodgy, crooked and corrupt practices that have been revealed by the Banking Royal Commission, there is a widespread view that after a bit of […]

The Banking Royal Commission has been dredging up more banking and finance muck than a plumber’s sewer pump, with the government complaining and making excuses every step of the way.   Will this […]

No more lame excuses. The NSW Premier Gladys Berejiklian must commit to starting work on the Metro to Parramatta (via Epping) this year while the Epping to Chatswood line is shut down […]

The proposed Parramatta Light Rail is a complete fiasco. The cost is blowing out to $3.5 B ……which makes blowing $2.5B on rebuilding 3 stadiums sound like good value! A historic pub will […]