Organisation

Centre for International Finance and Regulation

Owning Institution:

University of New South Wales

Macquarie University

University of Technology Sydney

Government of Australia

Government of New South Wales

University of Sydney

University of Melbourne

Australian National University

The Centre for International Finance and Regulation (CIFR) was a Centre of Excellence operating from 2011 to 2016 to address fundamental issues affecting the Australian financial industry. CIFR’s mission was to promote financial sector vibrancy, resilience and integrity, supporting Australia as a regional financial centre through leading research and education on systemic risk, market and regulatory performance and financial market developments. CIFR funded 71 research projects, involving well over 100 researchers from domestic and international universities.

For Australia’s financial industry, CIFR provided a strategic link between academia, policy-makers, regulators and other industry participants. Now closed, the Centre's output of 148 papers are all available at this publisher page.

Conference paper

The impact of government guarantees on banks’ wholesale funding costs and risk taking: evidence from a natural experiment

19 Dec 2016

Centre for International Finance and Regulation

This study compares the effect of the introduction and removal of the Australian Government Wholesale Funding Guarantee Scheme (WGS) on the funding costs and risk taking incentives of authorised deposit-taking institutions (ADIs).

Report

CIFR research booklet

9 Dec 2016

Centre for International Finance and Regulation

CIFR’s mission has been to promote the vibrancy, resilience and integrity of the Australian financial system through research, education and engagement. Between 2012 and 2016 CIFR funded and facilitated the completion of 73 research projects addressing important issues impacting the Australian financial system across three research streams – systemic risk; market and regulatory performance; and...

Report

Rise and rise of non-GAAP disclosure

30 Nov 2016

Centre for International Finance and Regulation

This monograph provides a detailed summary of how Australian firms report their financial performance. While applicable standards within Generally Accepted Accounting principles (GAAP) have increasingly restricted the ability to exclude certain components from the calculation of periodic income, we observe a consistent growth in the extent to which Australian firms promote alternative (i.e., non-GAAP) income...

Working paper

Capacity management for institutional asset owners

30 Oct 2016

Geoffrey J. Warren,

Michael O'Neill

Centre for International Finance and Regulation

The management of capacity is considered from the perspective of institutional asset owners. How capacity differs across asset classes is outlined. Investment strategies that offer greater capacity are identified. A discussion of capacity management for multi-asset portfolios highlights how asset owners should manage investments according to their size, focusing on the relation between potential to...

Submission

Superannuation: alternative default models - Submission

26 Oct 2016

Centre for International Finance and Regulation

The Centre for International Finance and Regulation (CIFR) welcomes the opportunity to provide input to the Productivity Commission inquiry into alternative default models for the superannuation industry. This submission makes a few points, but they are vital: 1. The entity that has the responsibility for selecting and monitoring the default provider should be the prime...