House of Representatives Committees

House Standing Committee on Finance and Public Administration

Inquiry into banking and deregulation


On 27 November 1991, the Standing Committee on Finance and Public Administration tabled its report on the inquiry into banking and deregulation entitled A pocket full of change.

To view or print the report, you will need Adobe Acrobat® PDF Reader, which can be downloaded free of charge from Adobe

This report is available in four parts to reduce download size.
If you have difficulty accessing the report, please contact the Committee Office.

This report is comprised of preliminary pages, 23 chapters, 1 dissent and 12 appendices.

A pocket full of change

Part A: Preliminary pages up to Chapter 7 (PDF 7957KB)
Foreword, Contents, Committee Membership, Terms of Reference, List of Abbreviations, Conclusions and Recommendations

Ch1: Conduct of the inquiry

Ch2: Historical background
Ch3: The Australian banking industry in 1991
Ch4: Overseas banking issues
Ch5: Competition policy

Ch6: Profitability of banks
Ch7: User pays

Part B: Chapter 8 to Chapter 16 (PDF 7917KB)
Ch8: Competitive structure
Ch9: Barriers to competition
Ch10: Foreign banks
Ch11: Diversification of banks' activities
Ch12: Current prudential supervision of financial institutions
Ch13: Improving the current approach to supervision
Ch14: Alternative arrangements for supervision
Ch15: Banking and business
Ch16: Banking and the rural sector

Part C: Chapter 17 to Chapter 22 (PDF 7526KB)
Ch17: Foreign currency loans
Ch18: Fraud
Ch19: Banking, competition and the consumer
Ch20: Banker-customer legal relationship and fair banking
Ch21: Disclosure of information
Ch22: Banks and society

Part D: Chapter 23 to Appendix 12 (end) (PDF 4580KB)
Ch23: Overview
Dissenting report by Mr Steele Hall, MP
Appendix 1: List of submissions
Appendix 2: List of exhibits
Appendix 3: Program of activities undertaken by the committee
Appendix 4: List of witnesses
Appendix 5: List of organisations visited in UK and Europe, June 1991
Appendix 6: List of organisations visited in USA and Canada, August-September 1991
Appendix 7: Overseas banking structures
Appendix 8: Risk-based measurement of capital adequacy of banks
Appendix 9: Questionnaire to major banks on foreign currency loans
Appendix 10: Advice dated 30 October 1991 from Attorney-General's Department on foreign currency loan cases
Appendix 11: Membership of Australian Banking Ombudsman scheme
Appendix 12: Comparison rate

Back to top

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

Aboriginal and Torres Strait Islander people are advised that this website may contain images and voices of deceased people.