Original article by Tony Boyd, Vesna Poljak
The Australian Financial Review – Page: 1 & 22 : 10-Oct-19
The growing prospect of negative interest rates and unconventional policy measures such as quantitative easing has prompted ANZ Bank CEO Shayne Elliott to propose holding a summit on the issue. He says it should include representatives from the major banks, regional banks, industry regulators, the Treasury and the Reserve Bank. Elliott says that amongst other things, the summit could discuss issues such as the broader economic implications of QE and the role of banks in the economy.
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE TREASURY, RESERVE BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, UNITED STATES. FEDERAL RESERVE BOARD, EUROPEAN CENTRAL BANK, BANK FOR INTERNATIONAL SETTLEMENTS