Murray Inquiry a win for financial stability

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By Leith van Onselen

The much anticipated 350-page Final Report of the Financial System Inquiry (FSI), chaired by ex-CBA chief, David Murray, was released to the public on Sunday, and did not disappoint, recommending 44 reforms to the Australian financial system based on evidence received by the Inquiry.

The Final Report explains in great detail why Australia is particularly vulnerable to a financial shock, in particular one related to housing:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.