Honorary Fellow, Macquarie University Applied Finance Centre, Macquarie University
After over 30 years working for, and consulting to, major banking and insurance companies in the US, Europe and Australia, Pat transferred to teaching courses in Risk Management at Masters level and to industry. His main areas of research are in Operational Risk (People, Systems, Process and Legal risks) and banking regulation and he has published widely on this topic, including a new book on People Risk Management http://www.koganpage.com/product/people-risk-management-9780749471354 .
Banking outlook: threats from technology, burst of housing bubble, end of mining boom
Mar 13, 2016 21:12 pm UTC| Insights & Views Business
Its reporting season, and over the past few weeks some of Australias biggest companies have been releasing information on how theyre travelling. These reports reflect key themes of how things are going in key sectors of...
CommInsure – You pays your money and you takes your chance
Mar 11, 2016 05:22 am UTC| Law
In the scandal over possible misconduct by CommInsure, the insurance arm of CommBank, for its treatment of sick and dying customers, much has been made about how serious illnesses are diagnosed. In one example in a...
CommInsure case shows it's time to target reckless misconduct in banking
Mar 07, 2016 22:50 pm UTC| Insights & Views Law
Behind this weeks expose by Fairfax Media journalist Adele Ferguson and the ABCs Four Corners program of the insurance claims refused by Commonwealth Bank insurance arm, CommInsure, lies a bigger problem in the way the...
National Australia Bank – 30 years of strategy failure
Feb 23, 2016 00:57 am UTC| Insights & Views Central Banks
In its first quarter results this month, the National Australia Bank (NAB), breathed a sigh of relief announcing that the separation of Clydesdale had been successful with an expected loss of approximately A$4.2 billion....
Masters – A failure of corporate governance?
Jan 24, 2016 23:28 pm UTC| Insights & Views
This week, Masters has on offer a white and gold rococo style mirror. If Woolworths Chairman, Gordon Cairns, were to nip down to his local Masters warehouse (no need to rush, plenty of parking available) he could, with his...
Jan 19, 2016 02:02 am UTC| Insights & Views
Just a day after Woolworths limped from the Do-It-Yourself battlefield, the Wesfarmers dynasty (owners of Bunnings) announced their plans to invade the United Kingdom. For Woolies, its foray into Masters was a...
Blockchain – A Regulatory Unicorn?
Jan 02, 2016 02:44 am UTC| Insights & Views Technology
Never one to let a bandwagon pass by, Greg Medcraft, the Chairman of the Australian Securities and Investments Commission (ASIC), has enthusiastically hopped onto the Blockchain wagon. Mr Medcraft has seen the light and...
A sustainable future begins at ground level
Canada needs a national strategy for homeless refugee claimants
An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses