August 9, 2017 | Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by the Australian Financial Review, Wednesday 9 August Implementing cultural change within CBA was one of Ralph Norris’ major achievements as chief executive from 2005 to 2011. He insisted on far more co-operation across divisions. CBA changed...
August 2, 2017 | Author: Rodney Maddock | Funds Management and Superannuation, Submissions
Download the submission The Australian Centre for Financial Studies (ACFS) welcomed the opportunity to support the Premier’s Jobs and Investment Panel Inquiry into Enhancing Victoria’s Economic Performance and Productivity. Download the...
July 19, 2017 | Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by the Australian Financial Review, Wednesday 19 July The recommendation of the Financial System Inquiry that Australia’s major banks should be unquestionably strong was based on the premise that they needed to retain access to offshore funding...
June 30, 2017 | Author: Rodney Maddock . Stephen King | Banking and Capital Markets, Opinion Pieces
The current system of credit card fees is too confusing. Shutterstock Stephen King, Monash University Australians spend around A$48 billion per month on credit, charge and debit cards. But the different fees, surcharges and “reward points” on these cards can be...
May 25, 2017 | Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review, Wednesday 24 May Standard & Poor’s has just downgraded the credit rating of many of Australia’s banks. Its view depends on two concerns: first, that there are potential problems for the institutions in...
May 24, 2017 | Author: Guonan Ma . Rodney Maddock | Banking and Capital Markets, Commissioned Papers, Financial Integration in the Asia-Pacific
Download Chinese capital account liberalisation: process, structure and consequences What happens in China matters to the world economy. China is the largest merchandise trader, second largest economy and third largest net creditor nation globally. It also has the...
May 19, 2017 | Author: Rodney Maddock . Stephen King | Banking and Capital Markets, Working Papers
Read the full Working Paper Australia’s payment card regulations are similar to those used in a variety of countries around the world. However, as it is argued below, they are complex, open to gaming and have failed to win support from consumers. In this paper, we...
May 11, 2017 | Author: Kevin Davis . Martin Foo . Rodney Maddock | Working Papers
Read the full Working Paper Read the Media Release The innovative use of technology in finance is posing challenges to many traditional business models. At the same time it is challenging regulators. The key issue they face is how to balance the desire to encourage...
May 10, 2017 | Author: Rodney Maddock | Banking and Capital Markets, Opinion Pieces
Published by Australian Financial Review, Wednesday 10 May Tuesday night’s budget had a lot for banks to think about. The fiscal part, the big tax hit on a select group of companies, was quite extraordinary. The contrast with universities, where all...
April 27, 2017 | Author: Rodney Maddock | Opinion Pieces
Australia needs to focus on trade opportunities with China and India rather than being derailed by the rise of protectionism in the US and Britain, according to to a report out today.The Committee for Economic Development of Australia (CEDA) cites the protectionist...
