Showing 1 - 10 of 32
Institutional investment in Australia is both highly innovative and complex. The regulatory focus – and associated … financial products. We have chosen to focus on synthetic CDOs. This research report is the first study in Australia of the …
Persistent link: https://www.econbiz.de/10013014570
We survey the long-term derivative instruments (warrants) offered by Australian institutions to elderly Australian investors. Our focus is on products other than plain-vanilla life annuities. There are currently four active products. They incorporate a strike price which is either constant or...
Persistent link: https://www.econbiz.de/10013001233
This study examines whether systemically important banks realise an implicit subsidy when raising wholesale debt funding and evaluates the effectiveness of the Basel III capital reforms in reducing the subsidy. Our estimations suggest that, before the reforms, systemically important banks...
Persistent link: https://www.econbiz.de/10012903611
This paper summarizes views on the superannuation system and its regulation collected through interviews of fund executives. While the majority of interviewees saw the superannuation system as working relatively well, some areas of concern were detected. Issues raised relate to: certain aspects...
Persistent link: https://www.econbiz.de/10012973013
This paper is one of a series of working papers that explore various aspects of Australia's system of financial … context in which the system operates in Australia, it examines the anatomy of the ‘twin peaks' model as it exists in Australia …, the Reserve Bank of Australia, remains responsible for monetary policy and financial stability, including ensuring a safe …
Persistent link: https://www.econbiz.de/10013003703
This study examines the long-run cost implications for banks of funding more of their assets with equity capital, in an economy with a strong dependence on bank-intermediated financing and a highly concentrated banking industry. Despite domestic conditions that are likely to heighten...
Persistent link: https://www.econbiz.de/10012854858
This research project compares the application of the competition laws of China and Australia to bank mergers, against …
Persistent link: https://www.econbiz.de/10012855960
Using proprietary Australian Tax Office (ATO) data, we document the size, asset allocation and expenses for a sample of 209,420 Australian self-managed superannuation funds (SMSFs) for the three years to June 2010. Two recent Government reviews have highlighted a lack of basic knowledge of the...
Persistent link: https://www.econbiz.de/10013051224
This report examines the Australian superannuation default fund landscape following the introduction of MySuper. The two main products are outlined – single strategy ‘balanced' and lifecycle – including their underlying asset allocation and glide path strategies. While lifecycle approaches...
Persistent link: https://www.econbiz.de/10013053384
Under Australia's foreign investment review framework all foreign governments and their related entities should notify … the federal government and gain approval before making a direct investment in Australia regardless of the value of that … investment. Yet can Australia's current policy settings be maintained in their current form given developments in global capital …
Persistent link: https://www.econbiz.de/10013053603