When COVID-19 first hit, Australian investors under-reacted. Why? In the weeks following the outbreak of the coronavirus, the Australian market drifted down. Then came the reaction. Dharmendra Naidu Department of Accounting Spotlight on Japan: shareholder activism’s new frontier Shareholder activism is on the rise in notoriously confrontation-averse Japan, with knock-on effects on share prices. Nga Pham Why have ‘safe haven’ cryptocurrencies sunk with the markets? Cryptocurrencies have followed volatile global markets. This was not supposed to happen. John Vaz Department of Banking and Finance