The Treasurer, Joe Hockey, has announced the final Terms of Reference and the composition of the members of the Inquiry Panel, here.
He said:
"The next step for the Inquiry will be to receive submissions in line with the terms of reference. Submissions will open in early January and close at the end of March.
In framing submissions, stakeholders are asked to consider the impact of changes to Australia’s financial system since the 1997 Wallis Report, identify factors most likely to influence the future development of the system, the principles which should underpin the system, and discuss options for responding to them.
I have asked the Inquiry to release an interim report by mid-2014. There will be a second round of submissions before the Inquiry makes its final report to the Government, expected to be delivered to the Government by November 2014."
So we can look forward to a hectic 2014 with speculation on the Inquiry's findings. Cuffelinks will follow this closely.