Highlights
Task 1 (40 marks)
a) You are working as a financial economist. Based on figures 1 to 5 and in the context of the COVID-19 crisis, what would be your suggestions to the Governor of the Reserve Bank of Australia (RBA) on setting the target for the cash rate?




Task 3 (continued):
b) Figure 8 provides the back-testing results for Westpac Banking Corporation. Based on the results in Figure 8, what would be the implications for the market risk capital requirements of Westpac in the light of Prudential Standard APS 116 Capital Adequacy: Market Risk

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