The corporate sector owes David Murray a debt of gratitude for starting a debate about ASX governance rules that lead boards to delegate matters that are properly their responsibility.
AMP Chair David Murray says it should be harder for shareholders to start class actions.
AAP
As investors and unsecured creditors remain in limbo over the collapse of financial services group BBY, where were the regulators?
Big nest egg or small: shouldn’t super fund trustees meet the same professional standards as individual financial planners?
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Finally, Financial System Inquiry chairman, David Murray, has brought some consistency into two hot debates running in finance. Parliament, financial media commentators and a whole range of vested interests…
David Murray releases the Financial System Inquiry report.
Britta Campion/AAP
Bank competition, increased capital levels and poorly designed taxes, such as capital gains tax and negative gearing, have been singled out for reform in the final report of the Financial System Inquiry…
David Murray and Treasurer Joe Hockey have released the final report of the Financial System Inquiry.
AAP/Britta Campion
To increase the resilience of the Australian financial system the Big Four banks will be asked to carry larger capital buffers under recommendations made in the final report of the Financial System Inquiry…
David Murray has suggested splitting of investment and retail banking.
AAP/Lukas Coch
Australia’s Financial System Inquiry chairman David Murray dropped something of a bombshell in suggesting he may recommend the separation of Australian retail banking from investment banking. The carefully…
The emphasis on the lump sum in superannuation unfairly moves risk to individuals.
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Having led the world in the 1990s in embracing defined contribution retirement plans, Australia now is rightly reviewing whether the design of its retirement income system is meeting the needs of Australians…
The spotlight is on the David Murray’s Financial System inquiry following a report critical of the Commonwealth Bank and Australia’s corporate regulator.
AAP/Joel Carrett
The Senate inquiry in the actions of the Commonwealth Bank and the Australian Securities and Investment Commission has drawn a line in the sand, holding the banks and financial advisers to account for…
The government’s financial system inquiry should consider whether growth in the system is hampering economic growth.
AAP/Tony McDonough
Ronald Bird, University of Technology Sydney e Jack Gray, University of Technology Sydney
Governments seem to be enamoured with financial markets, judging by the support they give them around the world to encourage their growth. The assumption seems to be that there’s always a positive relationship…
Electronic payments will eventually trump cash.
Dan Peled/AAP
If the Financial System Inquiry is to achieve its aim of helping to promote growth and productivity in the Australian economy it will need to focus strongly on electronic payments. Submissions to the inquiry…