Economic integration between Australia and New Zealand

Smith, William Garrie. (1992). Economic integration between Australia and New Zealand Honours Thesis, School of Economics, The University of Queensland.

Attached Files (Some files may be inaccessible until you login with your UQ eSpace credentials)
Name Description MIMEType Size Downloads
THE15649.pdf THE15649.pdf application/pdf 50.19MB 0
Author Smith, William Garrie.
Thesis Title Economic integration between Australia and New Zealand
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1992
Thesis type Honours Thesis
Total pages 115
Language eng
Subjects 14 Economics
Formatted abstract
Since the release of the Wallis Report in 1997, the blanket ban on mergers between Australia's 'big four' banks, known as the 'four pillars policy', has received a great deal of publicity in the media. The 'four pillars policy' prohibits mergers between the ANZ Banking Group, Commonwealth Bank, National Australia Bank, and Westpac. The chiefs of a number of these banking institutions, notably National Australia, Commonwealth and Westpac, have criticised the four pillars policy publicly. Yet, the Federal government have announced on a number of occasions their dedication to the merger restriction, despite the fact the Wallis Committee recommended that it be removed.

This thesis analyses the motives behind underlying the four pillars policy, and examines the current state of the retail banking sector to determine if the maintenance of the 'four pillars policy' is justified. This thesis also examines hypothetical major bank mergers, to test whether these mergers would benefit the Australian economy, particularly bank customers.

Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
Citation counts: Google Scholar Search Google Scholar
Created: Wed, 01 Dec 2010, 17:59:44 EST by Ning Jing on behalf of The University of Queensland Library