Initial impressions from the Murray Inquiry

Initial impressions from the Murray Inquiry. No doubt there will be a huge amount of coverage on the Murray Inquiry today and I suspect much of it will focus on the prospect of the banks needing to increase the amount of capital they hold. The market reaction to this will be interesting, however, I would note that this recommendation has been largely forecast and the subject of debate for some time leading into the release of the final report. Some of the other issues covered in the Inquiry include Superannuation, lending in SMSF's and Financial Advice. This short initial take on the report was published on Cuffelinks website and looks at some of the points made under each of these headings: (VIEW LINK) and looks at some of the other issues including