How should the finance sector in Australia be reformed?

THIS EVENT HAS NOW TAKEN PLACE BUT YOU CAN WATCH THE VIDEO RECORDING OF IT THROUGH OUR YOUTUBE CHANNEL, GET TO IT BY CLICKING THE BUTTON BELOW

When

Monday 21st October from 6PM to 8PM AEDT/8AM to 10AM BST

Where

Online symposium via Zoom.

Format

There'll be a great line-up of speakers plus ample scope for discussion and debate.

Why you should attend

This symposium is all about galvanising support for the positive, progressive and purposeful finance reform that is so desperately needed.

If you believe there is scope for the financial services sector in Australia to serve society better, then this is an event for you. 

If you know about problems around market conduct that need fixing then, please do all you can to participate – we want to hear from you. 

Furthermore, if you have ideas about what can be done to make a positive difference, then it’s vital you get involved. We know there are many great ideas that can help drive the transformational change that is desperately needed; and we want to shine a big bright light on those ideas. 

There are many important questions that need to be discussed and our events are all about creating a forum where people can “tell it as it is” and be heard, not ignored.  

Questions such as:

  • Do the financial regulators in Australia have sufficient powers to properly govern the sector?
  • If they do have sufficient powers, are those powers being used effectively?
  • If not, is regulatory capture a factor?
  • What can be done to provide better oversight of their work? 
  • Are vested interests getting in the way of consumers getting good outcomes?
  • Are positive innovations being ignored, because they challenge vested interests and the status quo?
  • Are the public finding it easy to get the information they need to make well-informed decisions?
  • Is the financial services sector in Australia serving society as it should?
  • Has the Friedmanite idea of “maximising profit in the short term” spoiled the culture in financial services?
  • What are the underlying forces driving poor market conduct?

These are the types of questions and issues that impact the public’s perceptions of the financial services sector, which has been riddled with various types of malpractice, malfeasance, misconduct and mis-selling for many years; not just in Australia but in most parts of the world. 

Clearly, the reputational integrity of the sector has been badly damaged. That’s why the Transparency Task Force is initiating and facilitating a global conversation about what’s wrong in financial services; and what needs to be done to fix it. 

Here's the programme and timings so far...

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