A peg or two down

OCV Banks dividend bonanza could end after Murray report
Date July 16, 2014 - 1:42PM Clancy Yeates Banking reporter

The financial system inquiry led by David Murray has floated policies that include forcing banks to hold larger capital buffers. Photo: Chris Pearce The strong growth in big bank dividends could be threatened by David Murray's intention to make Australia's largest lenders more resilient in the face of future financial crises. In a move to dispel assumptions the major lenders were "too big to fail," the financial system inquiry led by Mr Murray has floated policies that include forcing banks to hold larger capital buffers, the "ring fencing" of their retail operations, and a "bail-in" system that would apply in bank failures.

Read more: http://www.smh.com.au/business/bank...rray-report-20140716-ztju2.html#ixzz37bYnylOK