Economic Papers - Economic Society of Australia articles from December 2006

Economic Papers - Economic Society of Australia archives from December 2006

The future of Australian banking: introduction and overview.(Industry overview)
December 1, 2006... The 11th Melbourne Money and Finance conference, organised by the Melbourne Centre for Financial Studies, brought together some sixty academics, practitioners and policy makers to discuss current issues affecting, and future prospects for, the...

Recent trends in Australian banking.
December 1, 2006... This paper discusses the performance of Australian banks over the past decade, focusing on the forces that have shaped bank strategies and outcomes. The robust Australian economy and associated demand for credit, particularly from the household...

Trends in ASX-listed bank governance.(Australian Stock Exchange)
December 1, 2006... This paper reviews trends in bank governance in Australia over the past 15 years. It reviews changes in board size, board committee structures and executive remuneration trends. Remuneration has increased substantially, but there is not a...

Foreign banks: what do we know?
December 1, 2006... In their twenty years since their entry into Australia, foreign bank performance has been considered a failure. This paper will canvass this and related issues and argue that some of these perceptions may have been based upon inappropriate...

Some lessons from the history of Australian banking.
December 1, 2006... This paper reviews three major episodes in Australian banking history and argues that in banks have often 'misread' the deeper issues and needs for the industry, concentrating on operational issues rather than understanding the bigger picture....

Evaluating cost performance of banks in the Asia pacific.
December 1, 2006... This paper aims to evaluate the cost efficiency of banks in the Asia-Pacific region and test whether the operating performance of banks in poorer economies improves with the inclusion of environmental proxies. Our basic cost efficiency model...

Is credit growth sustainable?
December 1, 2006... This paper examines recent trends in credit growth in Australia and the potential risks implied. Even though household debt to income ratios are high, it is argued that changing employment trends, such as the growth of dual income households,...

Technology trends and their possible implications on the financial services industry.
December 1, 2006... This paper examines how trends in computer technology may affect banks in the coming years. It identifies massive increases in data collection and analysis capabilities as one of the key issues likely to affect banking business strategies. ...

Bank industry risk analysis: Australia.
December 1, 2006... This paper identifies major strengths and weaknesses of the Australian Banking Sector with a focus on risk characteristics. It notes that: the major banks are among the most profitable globally; robust industry regulation is supported by...

Banking regulation: has the pendulum swung far enough?
December 1, 2006... The growth of banking regulation over recent years is examined and the impact this has had on bank management are considered. Regulatory risk and compliance issues have been identified as major factors often distracting bank management from...

Greater international links in banking--challenges for banking regulation.
December 1, 2006... Some recent trends in bank regulation are examined, with particular focus upon the issues raised by multinational banking for collaboration between banking regulators. The experiences of the European Union and of Australian and New Zealand are...

Guarantees, interchange and fees--current issues with long-term implications.
December 1, 2006... The purpose of this paper is to give a banking industry perspective on three important policy issues facing Australia's banks. These are the proposal for a deposit insurance scheme, the regulation of the credit card interchange fee and the...

Fifty years of trade policy reform in Australia.
December 1, 2006... The record of trade policy is examined in terms of the statistics of nominal and effective protection available to Australian producers in the manufacturing, agricultural and mining industries. New fifty year series of the average tariffs on...

United Kingdom-Australian/New Zealand trade relations.
December 1, 2006... The United Kingdom has had a long and important history of trade relations with Australia and New Zealand. Although trade declined, both in absolute and relative importance, during the late 1960s and 1970s there still exists a large and...

A cross-country analysis of export prices in OECD countries.
December 1, 2006... This article distinguishes the extent to which export price variation consists of global versus country-specific changes for fourteen OECD countries. We find that sharp changes in global export prices are evidently becoming more important for...

An alternative approach to identifying councils 'at risk'.
December 1, 2006... Murray and Dollery (2005) (MD) applied a statistical model utilising a series of key performance indicators (KPIs) published by the NSW Department of Local Government (DLG) to assess the DLG's procedures for identifying local councils that were...

An alternative approach to identifying councils 'at risk': a Rejoinder to Bob Walker and Stewart Jones.
December 1, 2006... Murray and Dollery (2005) developed a statistical model that sought to determine whether the key performance indicators (KPIs) published by the NSW Department of Local Government (DLG) could adequately predict the 'at risk' status of local...

The conundrums facing Australia's national electricity market.
December 1, 2006... Australia's national electricity market (NEM) is national in name only. It is eight years since the NEM commenced and the objective of a fully competitive market has not been reached. The NEM's structural characteristics, shaped strongly...

New Zealand lessons for Australian workplace reform: a critique of 151 Academics.
December 1, 2006... The Australian Government's newly-introduced Work Choices Act represents one of the most far-reaching changes to Australian workplace legislation since Federation. A major detailed critique of the Act--or Bill as it was at that stage--was that...