Financial system inquiry calls on big banks to hold billions more capital
Australia’s big banks will have to hold billions of dollars in additional capital to ensure they are “unquestionably strong” and they should specifically assign more capital to mortgage lending, the final report of the financial system inquiry declares.
Australia’s big banks will have to hold billions of dollars in additional capital to ensure they are “unquestionably strong" and they should specifically assign more capital to mortgage lending, the final report of the financial system inquiry declares.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
