On sabbatical from consulting and deep in the world of academe, in her guise as a higher degree research student Carolyn Evans has returned to her microeconomic roots – taking a side road on something of a busman’s holiday from the hard slog of writing her PhD thesis.
One of the co-authors of a report for the Centre for International Finance and Regulation (CIFR), Carolyn contributed particularly to the chapter on the nature of competition in financial services, and also to the chapter on facilitating competition in financial services.
Carolyn heartily endorsed the principal recommendations of the report – in particular, to do away with the so-called ‘four pillars’ policy in the Australian banking industry, and to facilitate better customer experiences by creating account number portability. The report also gave serious consideration to the impact of crowd equity funding within the structure of the finance industry in Australia.
CIFR launched the report on Tuesday 25 August.
PS see also this related piece on The Conversation from October 2015: