Murray has got it wrong on bank capital

Despite the noble rhetoric surrounding recommendations on bank capital, the Murray inquiry has failed to make a convincing case for change.

The Murray inquiry’s final report failed to make the case that Australian banks need to hold more capital. Indeed, it’s quite obvious from the report that there really is no case to be made. The concerns are baseless and symptomatic of the inability of many to disassociate themselves from crisis events abroad.

Consequently, the government has no option but to reject the recommendations on bank capital made by the FSI.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles