IDEAS home Printed from https://ideas.repec.org/a/bla/ausecr/v17y1984i3p135-146.html
   My bibliography  Save this article

Financial Regulation in Australia

Author

Listed:
  • Kevin Davis

Abstract

This paper examines whether a regulatory distinction between banks and other financial institutions, as proposed by the Campbell and Martin Reports, is an appropriate ingredient of financial regulation. Three specific issues relevant to the making of such a distinction are examined. They are entry to the payments mechanism, monetary control, and prudential regulation. In examining each of these three issues the roles of imperfect information and other financial market characteristics are stressed. The paper concludes that while a regulatory distinction between banks and others may be appropriate, the distinctions suggested by the Reports and associated regulatory frameworks are unwarranted.

Suggested Citation

  • Kevin Davis, 1984. "Financial Regulation in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 17(3), pages 135-146, November.
    • Handle: RePEc:bla:ausecr:v:17:y:1984:i:3:p:135-146
    DOI: 10.1111/j.1467-8462.1984.tb00466.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-8462.1984.tb00466.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-8462.1984.tb00466.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. K. T. Davis & M. K. Lewis, 1982. "Can Monetary Policy Work in a Deregulated Capital Market?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 15(1), pages 9-21, April.
    2. Kevin Davis, 1981. "Reserve Requirement Changes as a Monetary Instrument," School of Economics and Public Policy Working Papers 1981-10, University of Adelaide, School of Economics and Public Policy.
    3. Peter L. Swan, 1983. "The Campbell Report And Deregulation," Economic Papers, The Economic Society of Australia, vol. 2(S1), pages 177-193, April.
    4. Kevin Davis & Mervyn Lewis, 1983. "Monetary Tactics And Monetary Targets: A Guide To Post-Campbell Monetary Policy," Economic Papers, The Economic Society of Australia, vol. 2(S1), pages 82-100, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kevin Davis, 1990. "Bank Capital Adequacy Requirements and Monetary Policy," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 23(2), pages 69-77, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kevin Davis, 1985. "Australian Monetary Policy: Recent Experience and Some Current Issues," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(4), pages 37-50, December.
    2. T. J. Valentine, 1984. "Comment: on ‘Financial Regulation in Australia’," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 17(3), pages 147-150, November.
    3. Peter D. Kenyon & Margaret J. Nowak, 1984. "Public Policy for Sustainable Growth Overview," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 17(3), pages 4-6, November.
    4. T. J. Valentine, 1986. "A Further Comment on the Zero Row‐Sum Property of Mean‐Variance Portfolio Allocation Models," The Economic Record, The Economic Society of Australia, vol. 62(1), pages 49-51, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ausecr:v:17:y:1984:i:3:p:135-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/mimelau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.