Banks and banking
Report
Monetary policy is spent: it's fiscal policy or bust
This paper argues that monetary policy in Australia is no longer effective and the task of stimulating the economy should be taken up by more active fiscal policy leadership from the Australian government.
Discussion paper
MARTIN has its place: a macroeconometric model of the Australian economy
This paper introduces MARTIN – the Reserve Bank of Australia's current model of the Australian economy. MARTIN is an economy-wide model used to produce forecasts and conduct counterfactual scenario analysis.
Strategy
Restoring trust in Australia's financial system
The Morrison Government has released this strategy document to set out how the government will deliver on its response to the Royal Commission. The roadmap provides timelines for implementing the federal government's response, in an attempt to provide some clarity and certainty to consumers, the banking industry and regulators.
Discussion paper
Strengthening prudential requirements for remuneration: discussion paper
In this discussion paper, APRA proposes creating a new prudential standard to better align remuneration frameworks with the long-term interests of entities and their stakeholders, including customers and shareholders.
Briefing paper
Self-assessments of governance, accountability and culture: information paper
APRA has released this report analysing the self-assessments carried out by 36 of the country’s largest banks, insurers and superannuation licensees, in response to the final report of the Prudential Inquiry into Commonwealth Bank of Australia (CBA).