"Trust is important for societies, markets and democracies to function properly. Recent indiscretions and missteps by two of our key social institutions – government and business – are raising questions about dependability and trust by an increasingly cynical public.

One survey found that trust in our political institutions and politicians is once again at record lows.

This is hardly surprising as political scandals abound, such as the one engulfing NSW Premier Gladys Berejiklian and the ICAC investigation into whether former MP Daryl Maguire used his political position for financial gain, which seems to reinforce this trend.

There seems to be a similar loss of trust in business too, especially in the financial services industry and the aged care sector following recent royal commissions."

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