Saving appeals to our better nature

Behavioural finance, the examination of how willpower, concern for other people, limits on calculating ability, and biology influence economic behaviour is now well accepted in institutional investing. But the latest development in behavioural finance – neuroeconomics, which looks at how the study of the brain fits within this – is taking experimental economics to a … Read more

The fax behind CBA’s green bid

Unbalanced got a press release from the Commonwealth Bank last month, informing us it would henceforth offer customers the choice of stopping hard-copy statements and receiving electronic records exclusively. We were told that if Which Bank laid out one year’s worth of customer statements end to end, the 175 million sheets of paper would stretch … Read more

The scourge of schizophrenia: how the Government and super funds can help

In the second of a series of four roundtables on mental health and superannuation, the industry participants and mental health experts discussed the major problem of schizophrenia, the results of interventionist programs in mental health problems and the issues associated with death and total and permanent disability insurance. The roundtables have been sponsored by CommInsure … Read more

Giving first Australians a financial fair go

Thirteen financial services organisations have combined forces to form the Indigenous Financial Services Network, a group aimed at implementing the recommendations of an 18-month study which concluded that Australia’s indigenous people were the most financially, as well as socially, excluded community in the nation. CATHERINE JAMES reports. IFSN was launched at the end of February … Read more

First Home Saver Accounts – the AIST view

Home affordability is now a major issue facing Australians. Having “your own place”, whether owned or rented, is vital to young people’s sense of independence and self-sufficiency, and is fundamental to the security of young families. That sense of physical security, which many of us take for granted, is central to successful working and family … Read more