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Banks should hold more capital: Murray

Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.

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Read more: AustraliaDavid MurrayFinancial System InquiryRegulatoryANZAustralian Prudential Regulation AuthorityCommonwealth Bank bossFuture Fund chairmanJulyMr MurrayMySuper productsSundayTreasurer Joe HockeyWallis inquiry