Rob Nicholls

Working paper

Balancing competition and stability in Australian retail banking

The Australian Government initiated two major reviews in 2014: the Financial System Inquiry and the Competition Policy Review. These have highlighted policy trade-off between competition and financial stability. Since the global financial crisis, policymakers and economic researchers internationally have highlighted the need for prudential regulation...
Working paper

Competition in Australian retail banking: how much is enough and options to facilitate more

In a retail banking sector characterised by both high concentration and low consumer switching, questions arise for Australian policy makers and regulators as to the effectiveness of competition as one important means by which economic outcomes are engendered, including innovation beneficial to consumers and consumer...
Working paper

The Nature of Competition in Australian Retail Banking

Emerging rather less scarred than many from the most recent global financial crisis in 2008, Australia has a banking and finance industry evidencing long-term stability, but moderate to high concentration as a result of long prevailing policy. In 2015, whether that level of concentration signifies...

Competition in financial services

In the financial services sector, the failure of a single institution can have a compounding effect on the sector, and on national and global economies. In particular, there is systemic risk from inter-institution lending, and this effect is more complex in Australia due to the...
Conference paper

Lost in transcription: The Australian regime for interception of, and access to, communications content and metadata

In this paper, we discuss the European model for the interaction between agencies and telecommunications operators and analyse the application of this model for stored communications in the Australian regulatory context. We draw out the complexities in, and problems with, the Australian regime to show...