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Melbourne Economic Forum

  • Melbourne, Victoria Melbourne Law, 185 Pelham St Carlton Melbource, Victoria 3053 Australia (map)

Please note: Attendance at the event is by invite only. Subscribe at the bottom of this page to be notified when footage is released.

The forum will be chaired by Professor Ross Garnaut. Presentations will be by: 

  • Professor Kevin Davis, Professor of Finance at University of Melbourne and a member of the Murray Inquiry into the financial system.
  • Glenn Stevens, Governor of the Reserve Bank of Australia.
  • Dr Janine Dixon, Centre of Policy Studies, Victoria University.

The forum will focus on three issues:

1. The relationship between prudential supervision and monetary policy (does it make sense to hold up interest rates and the exchange rate because we are worried about a housing bubble or should we do something specifically about housing and run monetary policy to meet the economy's requirements?).

2. Prudential supervision in contemporary circumstances (including too big to fail, coordination of supervision and monetary policy and how the overseas operations of our banks should be treated for prudential supervision).

3. The efficiency of capital allocation (including the implications of saving more through superannuation funds and less through banks, competition and barriers to entry and appropriate fees for guarantees).

Professor Paul Kofman, Dean of the Faculty of Business and Economics at the University of Melbourne, will prepare a background note on prudential supervision bringing in international experience.

Professor Rod Maddock (Vice-Chancellor's Fellow at Victoria University and President of the Victorian Economics Society, and former Chief Economist at the Business Council and head of international strategy at the CBA looking over CBA's substantial entry to Indonesia), will prepare a note on the link between prudential supervision and overseas operations, and also on the allocative efficiency questions.

 

Earlier Event: September 23
Economics Student Society of Australia
Later Event: September 26
Sky News: AM Agenda