Australian banking capital ratios 'secretive and insufficient', Murray finds 08 December 2014 5:08PM Australian banks must aim for "higher capital levels" to increase resilience, says the final report of the Financial System Inquiry, released yesterday. read more
Minimal economic costs from higher bank capital 08 December 2014 5:07PM The Financial System Inquiry estimated that a one percentage point increase in capital requirements for banks in Australia would increase the average interest rate on a loan by less than ten basis poi.. read more
Murray explicit on significance of guarantees 08 December 2014 5:07PM Any lingering doubt that major banks in Australia exploit an "implicit guarantee" in funding their businesses was blown away by the clarity of the language used in the final report of the Financial Sy.. read more
Ring-fencing and insurance pre-funding shelved by Murray 08 December 2014 5:06PM One measure that was floated by the Financial System Inquiry in its interim report has been dropped in the final report. read more
Four pillars endorsed by Murray 08 December 2014 5:05PM The longstanding "four pillars" policy may be writ more brightly in the policy firmament in the wake of the final report of the Financial System Inquiry. read more
Risk weights fiddle a win for small banks 08 December 2014 5:05PM Big banks and also Macquarie Bank will have to deal with higher risk weights on home loans in the future, assuming the Australian Prudential Regulation Authority throws it support behind a key recomme.. read more
Surcharge cap a mirage 08 December 2014 5:03PM The final Murray report may set up two new wrangles on tired old debates in the payment systems. read more
Non-bank challengers may crowd in the shadows 08 December 2014 5:02PM The final report of the Financial System Inquiry takes an idiosyncratic approach to considering the place of challenger businesses - on the one hand revving up the potential for crowd funding and on t.. read more
Payments costs in a rut 04 December 2014 4:42PM Key payments costs are stuck at 2007 levels, though the advent of contactless payments is helping to pull down costs, a study by the Reserve Bank of Australia shows. read more
Feds fret over financial stability 04 December 2014 4:40PM The short-term outlook for Australia's economy "is dominated by its transition from resources investment-led growth and risks associated with continued weakness in the global economy and the potential.. read more