The relative success of Australian and Canadian banks in weathering the Global Financial Crisis (GFC) has been noted by a number of commentators. Their earnings, capital levels and credit ratings have all been a source of envy for regulators of banks in Europe, America and the United Kingdom....

Banking markets of Australia and New Zealand have become more concentrated for the period of 2003-15. This paper examines the relationship between market competition and bank efficiency in these two markets during this period. The Quiet Life Hypothesis (QLH) is tested to estimate relationship...

The paper finds that, given New Zealand's conservative approach in implementing the Basel II framework, New Zealand banks' headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks highlights the impact of New Zealand's more conservative...

This paper investigates empirically the pass-through of money market interest rates to retail banking interest rates in Chile, the United States, Canada, Australia, New Zealand, and five European countries. Overall, Chile's pass-through does not appear atypical. Based on a standard...

This paper investigates empirically the pass-through of money market interest rates to retail banking interest rates in Chile, the United States, Canada, Australia, New Zealand, and five European countries. Overall, Chile''s pass-through does not appear atypical. Based on a standard...

Christmas 2009 did not bring much festive cheer to the shareholders of Australia's largest banks. On December 23rd, the so-called Four Pillars announced simultaneously that their subsidiaries in New Zealand had settled with the NZ Inland Revenue Department (IRD), in respect of long-running...