This study compares Value-at-Risk (VaR) measures for Australian banks over a period that includes the Global Financial Crisis (GFC) to determine whether the methodology and parameter selection are important for capital adequacy holdings that will ultimately support a bank in a crisis period. VaR...

Natural disasters in Australia have caused significant damage to the local economy and businesses. This paper employs the event study methodology to examine the natural disaster induced equity market reaction using daily equity return of 32 Australian firms within the following seven major...

Theories of financial regulation -- History of financial regulation in Australia, United States, and United Kingdom -- Pre-GFC bank behaviour change and Basel accords -- The "smart" regulatory framework -- The "smart" regulatory features of Basel II and Basel III -- The value-at-risk methodology...

Among divergent approaches to understand the global financial crisis, Minsky's Financial Instability Hypothesis has gained increased attention. In part, the chapter draws upon Minsky's notion that the seeds of instability are sown when banks, households, and firms move from hedge to speculative...