Moody’s responds to Deep T’s banking reforms

Friday 17 August 2018

Earlier this week, MB’s own banking insider, Deep T, penned an explosive article lifting the lid on the Australian banks’ giant mortgage capital rort.

This followed many years of lobby from Deep T for a more thorough measurement of bank capital and risks, which resulted in APRA this week seeking a review into “the capital framework for authorised deposit-taking institutions (ADIs) to make capital ratios more transparent, comparable and flexible”.

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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.