RESEARCH PUBLICATIONS OP-EDS PRESENTATIONS WORKING PAPERS C-V ACFS PAPERS

KEVIN DAVIS Professor of Finance, Department of Finance, The University of Melbourne* Room 11-019, "The Spot", Faculty of Business and Economics The University of Melbourne, Victoria, 3010 Australia and Research Director, Australian Centre for Financial Studies Level 43, 80 Collins Street, Melbourne, Victoria, 3000, Australia Ph: +61 3 8344 5098 (Uni) or +61 3 9666 1050 (ACFS) Mobile: 0409 970 559 Email: kevin.davis@australiancentre.com.au

* As of January 3, 2012 I am on leave from Melbourne University and have an temporary appointment as Professor of Finance at Monash University linked to my role with ACFS

Research Areas	Recent Additions	Miscellany
Credit Unions and Demutualisation  Australian Financial Sector Development and Regulation Protecting Employee Entitlements Access Pricing Derivatives, Financial Engineering and Innovation  Corporate Finance and Taxation The Global Financial Crisis  Banking and Funds Management Financial Regulation Other	2012 Finance Sector Employment on a Slippery Slope (Australian Financial Review op-ed 18 Jan 2012) Stapled Securities: Antipodean Anomaly or Adaptable Innovation (working paper) 2011 "The Global Financial Crisis and Financial Regulation in the Antipodes" by Christine Brown, Kevin Davis, Mervyn Lewis, David Mayes, in R Litan (ed) WORLD IN CRISIS: Insights from Six Shadow Financial Regulatory Committees From Around the World http://finance.wharton.upenn.edu/FIC/FICPress/crisis.pdf Should Banks Be Compelled to Pass on Interest Rate Cuts? (The Conversation, 6 Dec, 2011)  Superannuation: Trends and Issues (ACFS-KPMG report) The contagion effect: how much will Australian banks be buffeted by Europe? (The Conversation, 24 November 2011) 12 per cent: What's it worth? (ACFS report for AIST) Rogue Traders (comments on ABC Inside Business, Sunday 2 Oct) The Vickers Report: Implications for Australia (ACFS FRDP 2011-4) Response to the Exposure Draft of the 2011 Strategic Roadmap for Australian Research Infrastructure Living Wills (The Conversation, 7 October 2011) also on Business Spectator Private Saving: The Role of Life Event Products (ACFS Report for Abacus) The role of credit ratings agencies (The Conversation, 2 August 2011) Household Saving and Investing for Life-Cycle Events:Government Incentives and Insurance Bonds The Australian Financial System in the 2000s (Reserve Bank Conference Paper) (August 2011) Taxes, Tenders and the Design of Australian Off-Market Share Repurchases (August 2011) Regulatory Reform after the Global Financial Crisis (MAFC Quarterly #11, May 2011) Cost of Equity Issues: A further report for the AER Deposit Insurance - Getting the Financial Claims Scheme Settled (ACFS, FRDP 2011-03) Basel III - Liquidity Options (ACFS, FRDP, 2011-02) Self Managed is the Key (op-ed) Risk Sharing and Access Pricing  The Future of Australian Bank Funding (ACFS-KPMG Report) Regulatory Reform Post the Global Financial Crisis: An Overview Off-market share repurchases: policies wanted (ACFS, FRDP 2011-01) Buybacks - what is happening? (op-ed) Mortgage fees must be transparent (op-ed) Cost of Equity Issues: A Report for the AER 2010 Its Easy to Exit from Exit Fees (op-ed) Are Tax Incentives Needed for a Fifth Pillar (op-ed) ACFS FRDP 2010-06 What is "fair" taxation of credit unions Housing Mortgage Contract Design and Banking Sector Competition (Senate Economics Committee Bank Competition Inquiry, Submission #8) Taking off the bank fee blindfold (op-ed) ACFS FRDP 2010-05 Mortgages: Time to Redesign Mortgage Contract Redesign (op-ed) Mortgage Market: Time for Reform (op-ed) Mortgage Interest Rates and Mortgage Contracts (op-ed) So many ways to sell a corporate bond (op-ed) Why Pre-Tax Discount Rates Should be Avoided (working paper)  The Urgent task of Recapitalizing banks: Doing it Gradually (op-ed) Bank Governance: What do we know; What should we do? (working paper) ACFS FRDP 2010-04 Why be Afraid of Higher Bank Capital Requirements? Rethinking Financial Regulation (Melbourne University Insights) Financial Wellbeing in Retirement (AFCS-Finsia Monograph) ACFS FRDP 2010-03 Leverage and Self Managed Super Funds ACFS FRDP 2010-02 Deregulating Retail Bond Issuance ACFS FRDP 2010-01 Taxing the Banks Bank Capital Adequacy: Where to Now? (working paper) Regulation of Managed Investments: Lessons from the Great Southern Failure (published JASSA)	Videos Op-Eds and Commentary Australia-New Zealand Shadow Financial Regulatory Committee ACFS Roundtable: Disability Insurance ACFS Roundtable: Super and Insurance Protection of Retail Investors in Australia - background information Capitalising Credit Unions - a plan for survival A Melbourne Commerce Academic's Lot  (a bit of Xmas party doggerel)