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Mark Story

A former editor, columnist, and chief reporter on business and financial publications across NZ, Australia, Hong Kong and the US, Mark operates Prime Strategy Media. He divides his time between share market commentary, trade and mainstream media, and high level content and strategy for financial institutions. An avid jogger, he ran a personal best when he was caught jogging in New York’s Central Park after dark.

While the foundational thinking for IFRS 9 is sound in principle, what is unclear is if it is fit for purpose amid a health emergency that has triggered unquantifiable hits to future corporate earnings.

Will IFRS 9 pass the pandemic test?


Research by the OECD reveals that zombies hamper productivity growth, diverting credit, investment and skills from flowing to more productive and successful firms.

The economic impact of keeping zombie companies afloat


The new requirements eliminate nearly all off-balance-sheet accounting for lessees, with the aim being to enhance transparency and comparability in financial reporting.

IFRS 16: A new era of lease reporting arrives


There’s a clear role for accountants around making the right data available on which employers can make informed, independent decisions on MySuper default fund selection, without breaking the law.

Super fund selection: accountants bridge gap between advice and guidance


The new Banking Code of Practice outlines enforceable standards that customers can expect from Australian banks.

Banking Code of Practice tightens rules on bank of mum and dad


The first major review of the retirement savings system in 30 years will look at the three pillars of the retirement income system: the age pension, compulsory super and voluntary savings.

A wage rise now – or more retirement income?


While declining bond yields may encourage talk of recession, conditions need to conspire a lot more aggressively against the Australian economy for that to eventuate.

What the yield curve reveals about the economic outlook


INTHEBLACK

Which countries are investing the most in Australia?


Will there be life after the great rate collapse?

Interest rates have fallen but hope remains for investors