Dividend imputation was introduced in Australia in 1987. Despite many theoretical and empirical studies, there is little consensus on its effects on the cost of equity capital, share prices, or investment – due primarily to different views on the consequences of international integration on equity...

This report responds to the objective in the Inquiry’s Terms of Reference to best position Australia’s financial system to meet Australia’s evolving needs and support economic growth. It offers a blueprint for an efficient and resilient financial system over the next 10 to 20 years...

The Climate Change and Risk Management: The Role of the Financial Services Sector Think Tank held on 5 December 2012 brought together members representing the financial sector, government and policy makers, climate scientists and academics to discuss the role the financial sector can play in...

The funds management and superannuation sectors could potentially play a role in providing additional information on long-term climate risks through their investments. However, current incentive structures, which focus on the short-term performance of fund and investment managers, have potentially limited sustainability factors investment decisions.