Why have Australian banks survived the recent global financial crisis?
Australia is a small developed country with a sophisticated, well regulated banking and financial system. Because of its smaller stock market turnover, lower capitalisation of its banking sector and smaller global interaction than other developed countries, the effect of the global financial crisis...
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| Format: | Conference Paper |
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Curtin Business School
2009
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| Online Access: | http://hdl.handle.net/20.500.11937/13239 |
| _version_ | 1848748294682968064 |
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| author | Simpson, John Westaway, Jennifer |
| author2 | Prof. Mohammed Quaddus |
| author_facet | Prof. Mohammed Quaddus Simpson, John Westaway, Jennifer |
| author_sort | Simpson, John |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Australia is a small developed country with a sophisticated, well regulated banking and financial system. Because of its smaller stock market turnover, lower capitalisation of its banking sector and smaller global interaction than other developed countries, the effect of the global financial crisis on the country has not been as great as in other developed economies. The banking regulatory framework has also had much to do with this insulation effect. This cross discipline study comments on the legal and institutional environment for banking in Australia and also reports empirical analysis of banking stock market data showing Australia’s interaction and involvement in a global context. |
| first_indexed | 2025-11-14T07:02:46Z |
| format | Conference Paper |
| id | curtin-20.500.11937-13239 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:02:46Z |
| publishDate | 2009 |
| publisher | Curtin Business School |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-132392017-09-13T14:56:51Z Why have Australian banks survived the recent global financial crisis? Simpson, John Westaway, Jennifer Prof. Mohammed Quaddus Australia is a small developed country with a sophisticated, well regulated banking and financial system. Because of its smaller stock market turnover, lower capitalisation of its banking sector and smaller global interaction than other developed countries, the effect of the global financial crisis on the country has not been as great as in other developed economies. The banking regulatory framework has also had much to do with this insulation effect. This cross discipline study comments on the legal and institutional environment for banking in Australia and also reports empirical analysis of banking stock market data showing Australia’s interaction and involvement in a global context. 2009 Conference Paper http://hdl.handle.net/20.500.11937/13239 10.1201/9781439818541-c22 Curtin Business School restricted |
| spellingShingle | Simpson, John Westaway, Jennifer Why have Australian banks survived the recent global financial crisis? |
| title | Why have Australian banks survived the recent global financial crisis? |
| title_full | Why have Australian banks survived the recent global financial crisis? |
| title_fullStr | Why have Australian banks survived the recent global financial crisis? |
| title_full_unstemmed | Why have Australian banks survived the recent global financial crisis? |
| title_short | Why have Australian banks survived the recent global financial crisis? |
| title_sort | why have australian banks survived the recent global financial crisis? |
| url | http://hdl.handle.net/20.500.11937/13239 |