Original article by Michael Bennet
The Australian – Page: 19 : 18-Jul-14

The interim report by the inquiry into Australia’s financial system has proposed stricter capital requirements for banks that are deemed to be "systemically important". The four major banks will have to lift their tier-one capital holdings to eight per cent from 2016. Jonathan Mott of UBS says that lifting the capital ratio above 10 per cent would require banks to increase their common equity tier one capital by around $A23bn

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