Australia will push for the continuation of an assertive program of financial regulation at the Brisbane G20 Summit in November.Barry Sterland, the Australian G20 Finance Deputy at Treasury, spelled out the approach in a speech to the Melbourne Institute's Social and Economic Outlook 2014 conference in Melbourne."Australia has sought to focus the G20 financial regulation agenda on substantially completing reforms that directly address the flaws that were exposed by the crisis," Sterland said. Four "core reforms" will be:•    building resilient financial institutions; •    addressing 'too big to fail'; •    making derivatives markets safer; and •    addressing risks in the shadow banking sector. "This is not an easy task and there is a considerable amount of work to do and much of this work has happened within the Financial Stability Board. But, by focusing the G20's attention, we hope to complete as much as possible of the policy response to the crisis. "This will support financial stability. It will also provide a more certain and stable platform from which market participants can get on with their business."Sterland nodded to a need to "reduce the ever present risk of regulatory over-reach. "This often stems from the tendency for the regulatory agenda to grow as policy makers try to pin down every risk rather than the most critical ones. This is the point at which stability and growth trade-offs can be harmful, where the cost of regulation can outweigh the benefits secured," he said.