Description:
This article revisits the Niemeyer mission to Australia in 1930 and shows how it facilitated the entry of local economists into the art of policy making. Until then the Scullin government had little regard for the worth of academic economists, a view shared by bankers and central bankers alike. With Niemeyer’s dogmatic advice considered too draconian by a vacillating government, Australian economists, led by L. F. Giblin and D. B. Copland, were galvanised into providing a more palatable alternative. This advice eventually transformed into the Premiers’ Plan which complemented the devaluation and wage cut, both of which had been implemented in January 1931. While the Plan in its entirety was deflationary it was a more equitable and imaginative blueprint than Niemeyer’s.
Description:
This article revisits the Niemeyer mission to Australia in 1930 and shows how it facilitated the entry of local economists into the art of policy making. Until then the Scullin government had little regard for the worth of academic economists, a view shared by bankers and central bankers alike. With Niemeyer’s dogmatic advice considered too draconian by a vacillating government, Australian economists, led by L. F. Giblin and D. B. Copland, were galvanised into providing a more palatable alternative. This advice eventually transformed into the Premiers’ Plan which complemented the devaluation and wage cut, both of which had been implemented in January 1931. While the Plan in its entirety was deflationary it was a more equitable and imaginative blueprint than Niemeyer’s.
Description:
Purpose - To identify and discuss the issues and success factors surrounding biometrics, especially in the context of user authentication and controls in the banking sector, using a case study. Design/methodology/approach - The literature survey and analysis of the security models of the present information systems and biometric technologies in the banking sector provide the theoretical and practical background for this work. The impact of adopting biometric solutions in banks was analysed by considering the various issues and challenges from technological, managerial, social and ethical angles. These explorations led to identifying the success factors that serve as possible guidelines for a viable implementation of a biometric-enabled authentication system in banking organisations, in particular for a major bank in New Zealand. Findings - As the level of security breaches and transaction frauds increase day by day, the need for highly secure identification and personal verification information systems is becoming extremely important especially in the banking and finance sector. Biometric technology appeals to many banking organisations as a near perfect solution to such security threats. Though biometric technology has gained traction in areas like healthcare and criminology, its application in banking security is still in its infancy. Due to the close association of biometrics to human, physical and behavioural aspects, such technologies pose a multitude of social, ethical and managerial challenges. The key success factors proposed through the case study served as a guideline for a biometric-enabled security project called Bio-Sec, which is envisaged in a large banking organisation in New Zealand. This pilot study reveals that more than coping with the technology issues of gelling biometrics into the existing information systems, formulating a viable security plan that addresses user privacy fears, human tolerance levels, organisational change and legal issues is of prime importance. Originality/value - Though biometric systems are successfully adopted in areas such as immigration control and criminology, there is a paucity of their implementation and research pertaining to banking environments. Not all banks venture into biometric solutions to enhance their security systems due to their socio-technological issues. This paper fulfils the need for a guideline to identify the various issues and success factors for a viable biometric implementation in a bank's access control system. This work is only a starting point for academics to conduct more research in the application of biometrics in the various facets of banking businesses.
Description:
Purpose - To identify and discuss the issues and success factors surrounding biometrics, especially in the context of user authentication and controls in the banking sector, using a case study. Design/methodology/approach - The literature survey and analysis of the security models of the present information systems and biometric technologies in the banking sector provide the theoretical and practical background for this work. The impact of adopting biometric solutions in banks was analysed by considering the various issues and challenges from technological, managerial, social and ethical angles. These explorations led to identifying the success factors that serve as possible guidelines for a viable implementation of a biometric-enabled authentication system in banking organisations, in particular for a major bank in New Zealand. Findings - As the level of security breaches and transaction frauds increase day by day, the need for highly secure identification and personal verification information systems is becoming extremely important especially in the banking and finance sector. Biometric technology appeals to many banking organisations as a near perfect solution to such security threats. Though biometric technology has gained traction in areas like healthcare and criminology, its application in banking security is still in its infancy. Due to the close association of biometrics to human, physical and behavioural aspects, such technologies pose a multitude of social, ethical and managerial challenges. The key success factors proposed through the case study served as a guideline for a biometric-enabled security project called Bio-Sec, which is envisaged in a large banking organisation in New Zealand. This pilot study reveals that more than coping with the technology issues of gelling biometrics into the existing information systems, formulating a viable security plan that addresses user privacy fears, human tolerance levels, organisational change and legal issues is of prime importance. Originality/value - Though biometric systems are successfully adopted in areas such as immigration control and criminology, there is a paucity of their implementation and research pertaining to banking environments. Not all banks venture into biometric solutions to enhance their security systems due to their socio-technological issues. This paper fulfils the need for a guideline to identify the various issues and success factors for a viable biometric implementation in a bank's access control system. This work is only a starting point for academics to conduct more research in the application of biometrics in the various facets of banking businesses.
Description:
Staff and customers pose outside the National Bank of Australasia, established in Yallourn in 1924. On the extreme right is J.P. (Cheerio) Campbell, General Store manager and prolific photographer of Yallourn. Next is T. Dempsey, manager of West Camp store.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.
Description:
Staff and customers pose outside the National Bank of Australasia, established in Yallourn in 1924. On the extreme right is J.P. (Cheerio) Campbell, General Store manager and prolific photographer of Yallourn. Next is T. Dempsey, manager of West Camp store.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.
Description:
View of Trafalgar, about 1910, showing The Times printing office, Bank of Victoria, William Levey's Commercial Stores and the Criterion Hotel.
Description:
Item held by Centre for Gippsland Studies, Federation University Australia..
Description:
View of Trafalgar, about 1910, showing The Times printing office, Bank of Victoria, William Levey's Commercial Stores and the Criterion Hotel.
Description:
Item held by Centre for Gippsland Studies, Federation University Australia..
Description:
A delivery van is passing the two storeyed brick post office, which was built in 1925. Next to the post office is the National Bank of Australasia.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.
Description:
A delivery van is passing the two storeyed brick post office, which was built in 1925. Next to the post office is the National Bank of Australasia.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.
Description:
Staff and customers pose outside the National Bank of Australasia, established in Yallourn in 1924. T. Dempsey, manager of West Camp store, is identified.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.
Description:
Staff and customers pose outside the National Bank of Australasia, established in Yallourn in 1924. T. Dempsey, manager of West Camp store, is identified.
Description:
Copyright: Centre for Gippsland Studies, Federation University Australia.