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Question 1 [30 marks] Critically assess the significant changes and the major developments that have occurred in the Australian banking and financial landscape following

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Question 1 [30 marks] Critically assess the significant changes and the major developments that have occurred in the Australian banking and financial landscape following the Wallis Report on the Financial System published in 1997. Rubric Introduction No (suggested length - approx 800-1000 words) A fair An average A good An Introduction introduction introduction introduction exemplary or which addresses is provided with a introduction that refers to topic/thesis with a rudimentary introduction. the question question in a statement topic/thesis briefly but descriptive that briefly statement does not manner and articulates that state the explains how how the articulates in theme. the theme theme will be detail how will be developed. the theme developed will be without developed. adequate elaboration. (0-5 marks) (0 - 2.4 m) (2.5-2.9 m) (3-3.4 m) (3.5 - 3.9m) (4-5 m) Significant changes No discussion fair or A good poor discussion of discussion of discussion of discussion. significant An average A An significant significant changes. changes. changes. exemplary discussion of significant changes. (0-10 marks) (0 - 4.9 m) (5-5.9 m) (6-6.9m) (7-7.9 m) (8-10 m) Major No discussion | A fair An average A good An developmen or poor discussion of discussion of discussion of exemplary ts discussion. major major major discussion of developmen developmen developmen major ts. ts. ts. developmen ts. (0-10 marks) (0 - 4.9 m) (5-5.9 m) (6-6.9m) (7-7.9 m) (8-10 m)

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