What Does Glass-Steagall Really Mean?

I discuss the potential impact of an Australian Glass-Steagall banking separation with Robbie Barwick from the CEC.

There is a bill in the Parliament currently, and The Banking Royal Commission is taking submissions on strategic issues such as the structure of banking in Australia, so this is a timely discussion.

It also offers a mechanism to protect bank deposits and to restore trust to mainstream banking, something sorely needed as the Commission revealed.

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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