Professor Tom Smith, Head of Finance Department, Macquarie Business School
Luke Meehan, Senior Manager for Economic and Risk Analysis, Australian Securities and Investments Commission
Talei Parker, Assistant Director, Data Services, Strategy, Integration and Services Division, Australian Bureau of Statistics
Chair: Associate Professor Dan Daugaard, Tasmanian School of Business & Economics
Theme: Financial Distress Indices for Australian Listed and Unlisted Companies.
Description: This session profiles an impactful research collaboration between the Australian Securities & Investments Commission (ASIC) and Macquarie University. This research initiative has led to risk analysis tools consulted by financial market regulators to monitor the Australian corporate landscape and financial markets, and inform their policy responses. The project represents an extension of Financial Distress Indices beyond Listed firms to now incorporate Unlisted firms. A major output from this research is a Dashboard tool which demonstrates the cross-sector Financial Vulnerability Index heatmap with time-series dimensions for each sector. The project employs the innovative Bureau Of Statistics’ Business Longitudinal Analysis Data Environment created by the Australian Bureau of Statistics. The panel therefore includes an overview of the new research trajectories this data environment is facilitating.