The Australian Financial System Inquiry (FSI) has identified ways to improve the efficiency and resilience of the Australian banking system. In particular, bank capital levels are expected to be unquestionably strong. However, limited empirical guidance on the size of such buffers exists. We analyse the impact of increased capital buffers on system resilience based on...

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 while sidelining the importance of competition. The working paper argues...

CIFR has invested in three high quality FSI Workshops addressing each stage of the Financial System Inquiry. This submission summarises the key issues discussed at our third FSI Workshop, held at the Westin Hotel in Sydney on 11 March 2015, and provides feedback on many of the 44 recommendations put forward in the FSI’s Final...

Summary This research paper describes the merit of developing a text analytics engine to index public submissions to the recent Financial System Inquiry (FSI). Public inquiries such as the FSI typically involve processing a substantial number of documents, with content that represents a diverse range of opinions. Managing the diverse authorship and viewpoints reflected in...

CIFR is in a position to draw on its capabilities and network to provide independent and objective research and views. In this submission we address aspects of the Interim Report with observations and views supported by output from CIFR-funded research. The content of this submission reflects the output of the relevant specialists. CIFR’s submission comprises...