International banking refers to the activities of providing financial services (banking) to clients (both institutional and individual) located in many different countries. This encompasses a wide range of activities, ...

The Australian Government's guarantee of funds lodged with deposit-taking entities in Australia, and of security issues by Australian banks, has fostered support for smaller and less well-placed financial entities compared ...

The demographics are unequivocal and undisputed. Over the last thirty years, average life expectancy in Australia has been steadily rising (every year it increases by more than three months) while birth rates have been ...

The credit spread represents the difference in the yields between different risk or ratings classes of securities with the same maturity. The objective of this study is to provide an understanding of the distributional ...

This study examines the socioeconomic status of NSW hospital patients in 1999-2000 and projects likely hospital costs to 2009-2010. It draws upon unique patient based datasets from NSW public and private hospitals ...

Using a high-frequency data set of the spot Australian/US dollar, this study examines the distribution of quotes, spreads, and returns across the trading day. By identifying the direction of trade and the subsequent quote ...

The issue of kangaroo bonds (foreign A$-denominated bonds) has become a significant part of the Australian bond market. The Australian experience offers some lessons to other countries interested in developing their domestic ...

Recent theoretical models including the closed- form valuation model of Longstaff and Schwartz (1995) predict that credit spreads are driven by both an asset and interest rate factor. In empirical studies the credit ...

This contribution is about the outcomes from the 2004 report of the review into aged care. The main interest is in the policy responses announced in a policy statement on Sunday, 11 February 2007. There were three ...