Thursday, March 25, 2021

Tourism jobs go begging in Queensland despite Jobkeeper withdrawal anxiety - NAB boss Ross McEwan agrees support needs to end

With Jobkeeper set to end at the weekend, there are fears that the end of government support will be a shock to the economy and put more Australians out of work. 

But National Australia Bank chief executive Ross McEwan has told ABC's Peter Ryan that Jobkeeper needs to end and that tourism in far north Queensland is struggling to fill jobs in hotels, bars and cafes. 


Wednesday, March 24, 2021

Crown Royal Commission to probe gambling addiction

The first of two Royal Commissions into casino licences held by Crown Resorts will examine how the casino empire deals with customers who are addicted to gambling. 

Royal Commissioner Raymond Finkelstein will also investigate determine if money laundering is still being conducted at Crown's "cash cow" Melbourne casino. 

ABC's Peter Ryan says Mr Finkelstein has demanded more information from Crown and that the Royal Commission won't tolerate delays


Crown Royal Commission to probe money laundering activity at Melbourne casino

Here's my preview of the Crown Royal Commission (Victorian edition) which gets underway in Melbourne this morning.

I speak with corporate governance expert Professor Elizabeth Sheedy of Macquarie Business School who says the stakes are high for Crown.


Monday, March 22, 2021

Monday Finance with Peter Ryan - banks rebuild reputations during COVID as digital banking demand surges

Customer demand for digital banking services has surged during the COVID crisis as Australians both young and old change their personal finance habits.

National Australia Bank group executive of personal banking Rachel Slade says 93 percent of customers now use digital banking. 

Also, Industry Super Australia launches fightback advertising campaign against the proposed "pause" in super guarantee. 

And Victoria's Royal Commission into Crown Resorts gets underway in Melbourne this week.

Here's my analysis form this morning's RN Breakfast with Fran Kelly