We should all beware a resurgent financial sector
- Written by Usman W. Chohan, Doctoral Candidate, Policy Reform and Economics, UNSW Australia
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Around the world, the financial sector is resurgent and is concocting new financial instruments and markets in which to trade them. In Australia the market for some financial securities has quintupled in only a year, encouraged by the Australian Prudential Regulation Authority (APRA).
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