Abacus - Melbourne Centre for Financial Studies:
Research Workshop on Financial Mutuals
Sydney, Monday April 28th 2008
This workshop is being held to provide an opportunity for researchers with an interest in financial mutuals (or wishing to develop such an interest) to present work in progress, develop contacts with other researchers and industry, to identify topics on which research is needed, and to promote further academic research into financial mutuals. Abacus is sponsoring the workshop with the objective of encouraging high quality research into topics of interest and value to financial mutuals and identifying areas where it is able to provide support for such research. (Financial mutuals include: credit unions, building societies, mutual health insurers, friendly societies etc).
The workshop will involve presentations and discussion of academic research working papers, panel session and open forum discussions on research topics of interest to both industry and academia and on current issues confronting mutual financial institutions. Participants will include academics, Abacus executives, CEOs of financial mutuals, regulators, etc. Abacus will provide information to participants on data resources which it is able to provide for future academic research.
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| AGENDA
(click title to download the paper)
10.00 ~ 10.20am |
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Registration |
10.20 ~ 10.30am |
1 |
Opening Comments (10 mins)
-- Louise Petschler, CEO, Abacus |
10.30 ~ 11.00am |
2 |
Management of Interest Rate Risk in the Banking Book of Australian Credit Unions and Building Societies
-- John Hotham, Principal Researcher, APRA
Download: Presentation |
11.00 ~ 11.30am |
3 |
Capital Management (30 mins)
-- Professor Kevin Davis, Director, MCFS |
11.30 ~ 12.00pm |
4 |
Panel: Developing a research agenda on financial management issues for financial mutuals* (30 mins)
-- Professor Deborah Ralston
-- Professor Kevin Davis, Director, MCFS
Panel Participant -- to be advised |
12.00 ~ 12.30pm |
5 |
Credit Union employment /HR issues (30 mins)
-- Dr Leanne Cutcher, Faculty of Economics and Business, The University of Sydney
Download: Presentation |
12.30 ~ 1.30pm |
LUNCH |
1.30 ~ 2.00pm |
6 |
New Zealand credit union mergers: A spur to efficiency (30 mins)
-- Dr David Tripe, Senior Lecturer, Centre for Banking Studies, Massey University (NZ) |
2.00 ~ 2.30pm |
7 |
Measuring efficiency and productivity (30 mins)
-- Professor Andrew C. Worthington, Department of Accounting, Finance and Economics, Griffith University
Download: Paper, Presentation |
2.30 ~ 3.00pm |
8 |
Panel on research agenda into efficiency, productivity, operational issues** (30 mins)
-- Professor Andrew C. Worthington, Department of Accounting, Finance and Economics, Griffith University
-- Tony Schesser, Industry Analyst, Abacus
-- Dr David Tripe, Massey University (NZ)
-- Prof Michael Skully, Monash University |
3.00 ~ 3.20pm |
AFTERNOON TEA |
3.20 ~ 4.30pm |
9 |
Panel Session ¨C Key Issues and Research Needs from the perspective of Industry and Academia*** (70 mins)
-- Prof Michael Skully, Monash University
-- Prof Luke Connelly, The University of Queensland |
4.30 ~ 4.45pm |
10 |
Next steps and conclusion (15 mins)
-- Louise Petschler, CEO Abacus
-- Professor Kevin Davis, Director, MCFS |
*Session covering issues such as:Cost of Capital, Innovative Financial Mutual Capital Raisings, Risk Based Pricing, Capital Management Objectives, Managing Interest Rate and other Risks
**Session covering issues such as: Efficiency/Economies of Scale, Mergers, Gains from shared branching, Payments System Developments, Product range, Product pricing, etc)
***Session covering issues such as: Regulation, Demutualization, Tax, Competition, Community Role, Valuation of Mutuals, Industry position, Future of mutual insurers, friendly societies etc.) |
