The Reserve Bank went out to consultation on Friday on a proposal for bank owners to lift their shareholding stakes – their capital ratio – and thereby bear a greater share of the financial system’s risks.
The Reserve Bank published an issues paper today on regulation of banks’ capital adequacy.
Property Institute chief executive Ashley Church called today for Finance Minister Steven Joyce to renegotiate the Government’s target agreements with the Reserve Bank.
Establishment of an international development bank by the BRICS nations (Brazil, Russia, India, China & South Africa) this week was a major step change in international finance & power 2 years after work on it began, although it was played down in much of the Western media.
Published 13 November 2012 Australian economics professor & columnist Steve Keen – a highly respected critic of US Federal Reserve governor Ben Bernanke – got excited last week about a working paper from the International Fund on the Chicago Plan, byJaromir Benes & Michael Kumhof. The significance of this is that Professor Keen has acknowledged […]
Published 24 November 2010 Australian economic reformist Dr Nicholas Gruen has set out a way to improve banking across the Tasman without wholesale change in the latest Whitlam Institute Perspectives paper, released on Monday. The institute’s director, Eric Sidoti, said Dr Gruen had produced the paper quickly in response to a symposium held by the […]