Sharemarkets
Working paper
Information effects of the Basel bank capital and risk pillar 3 disclosures on equity analyst research – an exploratory examination
An important component of the framework of capital measurement and capital standards is the public disclosure of regulatory information. The standard sets minimum requirements for the public disclosure of information on banks’ risk profile, risk management, capital adequacy, capital instruments and remuneration practices so as to contribute to the transparency of financial markets and to...
Report
Review of Australian equity market cleanliness
Market integrity is fundamental to well-developed financial markets. We consider it important to measure and monitor market cleanliness to provide an overview of market integrity in order to better inform our regulatory work. In this report, we have measured Australian equity market cleanliness using a number of methods, evaluated their efficacy and examined their differences...
Report
Mine 2016: slower, lower, weaker ... but not defeated
Key findings: 2015 saw the first collective net loss in the Top 40’s history (US$27B) Market capitalisation is down 37% negating all gains from the commodity super-cycle High debt sees some miners fighting for survival through asset fire sales Focus on costs continues, but so do economic headwinds 2015 was a race to the bottom...