The Banking Royal Commission has been scrutinising the behaviour of banks and other financial institutions. It will make recommendations to government on reforms to the financial sector. The Melbourne Economic Forum will discuss possible reforms, some of them quite radical, to improve the cost and quality of banking services delivered to consumers and businesses.
Our panel of expert presenters offered answers to these and other relevant questions.
11.00am Registrations open and refreshments served
11.30am Peter Harris and Rosalyn Bell, Productivity Commission: The Productivity Commission’s report on competition in the Australian financial system.
11.40am Nicholas Gruen, Lateral Economics: Allowing citizens and businesses to bank with the central bank.
11.50am Professor Alan Fels, University of Melbourne: The banking industry and competition policy.
12.00pm Professor Paul Kofman, University of Melbourne: Back to basics in banking.
12.10pm Professor Ross Garnaut, University of Melbourne: An efficient alternative to company tax cuts for banks.
12.20pm Dr Jason Nassios, Centre of Policy Studies, Victoria University: Effects of changing capital adequacy ratios on banks.
12.30pm Forum open for discussion
2.00pm Forum concludes