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In the wake of the deregulation of the financial sector in Australia in the 1980s and 1990s the life insurance industry has undergone a period of rapid change and reorganisation. Part of this adjustment has been the move towards the integration of financial service provision and the rise of...
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Two recent reviews of Part IV of the Trade Practices Act (Cth) (1974) have looked specifically at the operation of Section 46 of this Act and come to very different conclusions concerning its efficacy. The Dawson review (2003) argued that no change to s46 was required as the courts were...
Persistent link: https://www.econbiz.de/10004997879
Deregulation has been a feature of the evolution of financial markets in the past two decades. Extending this trend has been the move to privatise government-owned financial institutions. In the 1990s, Australian governments progressively sold publicly owned banks and insurance institutions. One...
Persistent link: https://www.econbiz.de/10005446329
Recent studies of the experience of the British life insurance industry indicate that a period of transition, and the development of more diversified investment strategies, began in the interwar period. Australian life insurers lagged behind their British counterparts in the introduction of such...
Persistent link: https://www.econbiz.de/10005446339
This paper examines the influences on the potential supply of accounting graduates in Australia with reference to the personal and social influences on the decision to major in accounting using the Theory of Reasoned Action and focusing on differences between local and international students....
Persistent link: https://www.econbiz.de/10005142417
The regulatory environment in which the Australian life insurance industry operates has its antecedents in two major periods of legislative intervention. The first established the principle of 'freedom with disclosure' in the 1870s, which has since formed the basis of the regulatory approach. In...
Persistent link: https://www.econbiz.de/10005285081
The development of the insurance industry in Australia in the twentieth century was fundamentally shaped by a collusive code of conduct called the tariff. This arrangement, established to overcome problems of uncertainty, initially benefited both tariff and non-tariff firms by enhancing market...
Persistent link: https://www.econbiz.de/10005285087