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This paper builds a macro model with a financial sector and a housing market to understand the transmission and effects of macroprudential instruments addressing mortgage credit. The model compares the introduction of a loan-to-value ratio (LTV), a countercyclical capital buffer (CCyB)-style...
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Report, exposed serious misconduct and poor regulation in Australia's financial services industry. The authors argue that the …In November 2017 the Federal government established a Royal Commission in Australia's financial services industry that …. The benefits to Australia of the establishment of an Assessment Board are clear, and include enhanced accountability …
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