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Showing 1 - 10 of 15 results for "Wallis Inquiry"

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... was last year charged with undertaking the biggest health check of Australia's financial system since the 1997 Wallis inquiry, which led to the establishment of the Australian Prudential Regulation Authority. The inquiry received more than 6500 submissions ...

FSI flooded with second round submissions

ALICE URIBE  |  FRIDAY, 29 AUG 2014
... think about vulnerabilities and threats to financial stability. "Given developments and lessons learned since the Wallis Inquiry and, in particular, the events of the financial crisis, it seems to us that we are embarking on a phase when confidence will ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA). He was also a part of the Wallis Inquiry into the Australian financial system and had a 20 year career with the Reserve Bank of Australia (RBA). Promontory Financial ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... Tuesday, a large proportion of which was dedicated to the superannuation industry. A major development since the 1997 Wallis inquiry has been the rapid expansion of the super savings pool - from about $300 billion to $1.8 trillion today. It is projected ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... different views about the challenges and vulnerabilities we face. Given developments and lessons learned since the Wallis Inquiry and, in particular, the events of the financial crisis, it seems to us that we are embarking on a phase when confidence ...

ASIC asks FSI for more flexible toolkit

MARK SMITH  |  WEDNESDAY, 4 JUN 2014
... Forum, ASIC commissioner John Price said the financial services landscape had changed significantly since the 1997 Wallis Inquiry. Markets have become more integrated, competitive, global and complex and new types of market-based financing had created ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... Super Australia (ISA) asked the government not to rush to make changes to financial advice laws ahead of the Son of Wallis inquiry. "A number of concessions were made by the previous Labor Government to the banks and financial planners before the current ...

FSC asks Son of Wallis Inquiry to focus on export growth

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
... services to maximise exports and ensure growth. In a submission to the terms of reference of the so-called Son of Wallis Inquiry, the FSC welcomed the focus on issues such as international competitiveness, domestic efficiency, competition, sustainability ...

Should super have its own regulator?

JAMES FERNYHOUGH  |  MONDAY, 18 NOV 2013
... people's money?" he asked. Cooper also suggested that the financial services inquiry, known informally as the 'Son of Wallis inquiry', should address Australia's diminutive corporate bond market. "The amount of genuine, non-financial - so that's corporate ...

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
... banking deal" for consumers amid last week's call for a major financial system review. Former committee member at the Wallis Inquiry, Ian Harper last week issued a Deloitte Access Economics report calling for tax incentives for 'fifth pillar' banking ...
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