Banking Royal Commission

Proposition 1: "There is a significant risk that, either as a result of the findings and recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry or as a result of the financial institutions' response to those findings, credit will become less readily available to Australian households or businesses."

Proposition 2: "Assuming credit becomes less readily available to Australian households or businesses, this will in turn have adverse consequences for the performance of the Australian economy."

* Collaborator credits: we would like to thank Saul Eslake and Rod Maddock for their assistance in framing this poll question and expert overviews of the results.

Background information

Overview of poll results by Saul Eslake

Saul Eslake

Saul Eslake

This month’s ESA Monash poll was prompted by the Interim Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the ‘Banking Royal Commission’) which was released at the end of September.

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Overview of poll results by Professor Rodney Maddock

Rodeny Maddock

Professor Rodney Maddock

The most recent Economic Society survey of leading Australian economists throws up some important challenges to financial market commentary.

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Proposition 1

Proposition 2