Why School Curriculum Should Be A Multicultural Essay

Response to Prompt #1 From this week s reading of Teaching to Change the World, we learned of the demographic shift in public education. I believe this change is happening for the better. Like many institutions in our society, we must change with the times to meet the needs of the people we serve. School curriculum should be something that is always evolving, for the simple fact that students who our public schools are serving learn differently and at times, come with a different set of cultural norms and experiences with them that may impact the way they learn. My K-12 school experience was in an urban environment that was predominantly African American. In my first three years of teaching my school demographic has been similar to my own school experience. I believe curriculum should be multicultural in focus. For example, in my first teaching position at a charter school on the North side of Columbu, OH, my school s population had an overwhelming number of students from western and eastern Africa. The school represented the demographic shift that was occurring on the northside of Columbus. First year teaching is already an overwhelming experience, but add on not having any curriculum guidance and having to make everything from scratch with limited resources made me think outside of the box. I was teaching world history that year, my major focus of that year was making connections on how european colonialism and exploitation of groups around the world have and stillShow MoreRelatedStudents Are Not Entering The Classroom With The Knowledge And Understanding Of Multicultural Education762 Words   |  4 Pagesclassroom with the knowledge and understanding of the importance of multicultural literature. The students are suffering due to the lack of diverse reading literature incorporated into units of reading study. There is a need for staff developments and in-services to help educate teachers on ways to provide multicultural literacy awareness in primary schools. Objectives †¢ To heightening the awareness of the importance of multicultural literature in early grades. †¢ To prepare educators for diversityRead MoreQuestions and Answers on Leadership1168 Words   |  5 Pagesthings I gained from reading the chapters is that diversity has been and continues to be an issue in the public school setting. What can I do as a leader to enhance diversity in my school and what can I do to make the climate more multicultural? Those are questions that must be addressed and answered. As Koppelman (2014) states, â€Å"The challenge confronting us today is how to become multicultural individuals. In the teaching profession, that question will be answered by white-middle class individuals-Read MoreAfrican American History And Education Of All Perspectives Essay1522 Words   |  7 PagesStage 4: Structural Reform occurs when a school can provide new materials, and perspectives, seamlessly with the knowledge to provide new levels of understanding from a more complete and accurate curriculum. According to Gorski, Stage 4 is where a teacher dedicates her- or himself to continuously expanding her or his knowledge base through the exploration of various sources from various perspectives, and sharing that knowledge with her or his students. Students learn to view events, concepts, andRead MoreMulticultural Education int the United States1665 Words   |  7 Pagesdiversity. This influx has prompted school administrators to recognize the need to incorporate multicultural programs into their school environment including classroom settings, school wide activities, and curriculum as it becomes more evident that the benefits of teaching cultural diversity within the school setting will positively influence our communities, and ultimately the entire nation’s future. The purpose of this paper is to share the pros and cons of multicultural education in the classroom. AdditionallyRead MoreMulticultural Education : A Multicultural Classroom960 Words   |  4 PagesAn additional aspect to a perfect education system would be the use of mult icultural education in schools. Multicultural education creates a comfortable environment for students of all races and ethnicities to learn in by combining a variety of ideals about teaching. According to Geneva Gay, the creator of multicultural education, one of these ideals is understanding the cultural characteristics and cultural contributions of different ethnic groups, such as the values of different ethnic groups,Read MoreReasons For Asian High School Students782 Words   |  4 Pagesreasons why Asian high school students are not applying to colleges, this paper will discuss two reasons. First being, some Asian students are not able to pay for tuition. According to Gildersleeve (as cited by Hellen, 2002), for the past 20 years it has been more difficult for lower-income students to afford for college through merit-based financial aid in comparison to students who comes from middle to higher-income families. The second reason is because of their ethnicity. Which is why it is vitalRead MoreQuestions On Multicultural Education : The Material Presented Goes Along With Our Weekly Reading Assignments998 Words   |  4 Pagestopics into teaching and in my curriculum. I will be highlighting the presentations of Sarah, Virginia, Jessica and Ericka. Sarah Sponsel’s topic was multicultural education. Caleb Rosado shares that a school can be multicultural based on whether or not it uses the Five Ps. The five Ps are perspectives, policies, programs, personnel, and practices. The schools must also implement the four imperatives. The imperatives are: 1. Reflect the heterogeneity of the school; 2. Are sensitive to the needs ofRead MoreMulticultural Curriculum For A Multicultural Classroom1425 Words   |  6 PagesWhen I first started this class I was aware of multicultural curriculum but I was not aware of how important it was in a classroom setting. As the weeks have gone by in this class, I have learned that multicultural curriculum is important because it s a way for teachers to include all children from diverse backgrounds. As we ve have progressed in the study of multicultural curriculum we have learned to address important topics such as biases, social justice, stereotypes, the development of identityRead MoreEssay about Improving Education through Cultural Diversity1087 Words   |  5 Pagescultural diversity is important as it was many centuries ago. According to dictionary, cultural diversity is the coexistence of different culture, ethnic, race, gender in one specific unit. In order, for America to be successful, our world must be a multicultural world. This existence starts within our learning facilities where our students and children are educated. This thesis is â€Å"changing the way America, sees education through cultural diversity, has been co existing in many countries across the worldRead MoreEssay about Dr. James Banks on Multicultural Education1050 Words   |  5 Pagessociety. Dr. James A. Banks defines the meaning of multicultural education and its potential impact on society when it is truly integrated into American classrooms. In his lecture, Democracy, Diversity and Social Justice: Education in a Global Age, Banks (2006) defines the five dimensions of multicultural educ ation that serve as a guide to school reform when trying to implement multicultural education (Banks 2010). The goal of multicultural education is to encourage students to value their own

Exploring Ways of Conceptualizing ASD in Africa - 1439 Words

DISSERTATION. Exploring ways of conceptualizing ASD in Africa. Questioning the cultural sensitivity of the DSM. Rodeen Beresford-Cole 27/05/14 Exploring research findings of ASD etiology and epidemiology in non-western cultures in developing countries. This will determine whether the DSM is culturally sensitive to other parts of the world. Does the DSM take into account different conceptual social constructs of mental health from diverse cultures? The manual mentions that professionals should take into account the patients social and cultural surroundings when making a diagnosis of a mental disorder, but really is that enough to become a revolutionary universal tool? Table of Contents Chapter 1: INTRODUTION 1 Background of the research 1 Aims and objectives of the research 4 Research Methodology 5 CHAPTER 2: 7 DIAGNOSTIC STATISTICAL MANUAL OF MENTAL DISORDERS 7 The History and revisions of the DSM 8 DSM-I (1952) 8 DSM-II (1968), (1974) 9 DSM-III (1980), DSM-III-R (1987) 9 DSM-IV (1994), DSM-IV-TR (2000), 10 DSM-5 (2013); Perspective of ASD ‘Neuro-developmental Disorders’ and Criteria 12 International Classification of Diseases-10 and its difference with DSM 18 Western mainstream approach of Autism spectrum disorders (ASD) 20 The founding fathers of Autism 21 Challenges and Criticism of the DSM in the West 25 Misdiagnosing of Women; Wing and Gould (2011) ‘triad of impairments’ DSM IV vs. DSM-V 25 International Classification of Diseases-10 26 Deconstructing the DSM

Marijuana legalization Essay Paper Example For Students

Marijuana legalization Essay Paper The topic of marijuana legalization has been a hot topic for many years. To both sides of the argument there are many pluses and minuses. I personally feel that legalization of marijuana would be a great benefit to this country. In the complex society we live in however it is very hard to distinguish the truth from the lies. Personal morals and stereotypes are also a major factor when trying to argue a subject of this nature. On one side there are some positive effects, which have been proven as the result of marijuana. Many legal drugs that you can purchase are more harmful then marijuana. My opinions based on legalization or marijuana is based on a number social and economic factors. That brings up the questions why not legalize marijuana as medical drug, which is proven to be less dangerous than heavy painkillers and morphine. It is possible to overdose on painkillers and morphine; however, it is a fact that there has never been a proven case of a death because someone had overdos ed on marijuana. (B). It is also a fact that drugs like painkillers and morphine change the amount of dopamine in the brain. This is chemical in your brain that makes you think that you need the drug. Marijuana does not change the amount of dopamine in the brain so it is not classified as a drug that is addictive (A). These facts he go to show that marijuana hypothetically could be legalized without major harm to society. There have been some instances that marijuana could be used as a medical benefit to patients that have cancer. Marijuana is a great way to reduce nausea because of radiation treatment. It also gives people suffering from AIDS the sensation to want to eat. Marijuana can also help symptoms from getting worse with patients with glaucoma. (C) There is also evidence that marijuana consumption can help relieve pain from people suffering with tumors and migraines. Another way marijuana could be a health benefit is to use it on patients who suffer from asthma. The conditio n that blocks the airways, characterized by periodic attacks of wheezing shortness of breath, chest tightness, and coughing. Marijuana has had significant evidence from study that marijuana reduces the symptoms of this desiese(A). People with asthma are being prescribed Theopoline right now for this condition. This drug is responsible for 6,500 hospital deaths and 1,000 cases of brain damage per year, im pretty sure if you asked one of the patients with brain damage if he would prefer the use of marijuana or the legal way he would not hesitate to say marijuana. Marijuana should be used because it is a safe alternative from more dangerous drugs. Lets just take a look at the facts on legal and illegal drug deaths in America today shall we? There are 340,00 to 425,000 relater deaths from tobacco each year, 150,000 alcohol related deaths, there are 5000 caffeine related deaths a year from stress ulcers and irregular heart beats. Aspirin related deaths are over 1000. There are over 20,000 Legal Drug overdose deliberate or accidental. Theopoline as I mentioned earlier has over 6000. And marijuana has the zero cases of death reported(A), its kind of hard to damage yourself when you cant. The argument that marijuana is going to have a negative effect on society because it is addictive is a wrong argument. Marijuana is less addictive than caffeine(A) and the issue of such addiction is nothing compared to the addictions of tobacco. with a 90% addiction rate (B). To say that marijuana would be harmful because of its sheer addictiveness nature is a foolish argument. These points give strong support that marijuana is a much less harmful then legal drug such as tobacco or alcohol. Why then is it illegal to drink a dr pepper and not to smoke a joint?There is also the issue of how much this country spends each year to try to keep marijuana from hitting the streets. This country spends over 15 billions dollars each year on the drug war(B), this amount would be much reduced if marijuana was legal. We wouldnt have to spend tax money on jailing dealers or court cases linked to marijuana crimes. Not only would we have to spend much less on drug enforcement, we would also be benefiting greatly from taxes on marijuana. If the US was to legalize marijuana it is estimated that there would be a 12 billion dollar a year benefit from sales. Obviously tobacco companies have been taxed for years and we are profiting on those sales, why not legalize marijuana, tax it and benefit instead of loosing hard earned tax money? Not only would raise taxes, it would give hard working Americans jobs in what they are interested in doing. Most likely large corporations such as Marlboro or camel would branch off into this area of business and provide jobs for thousands. Works CitedA. National Institute on Drug Abuse (NIDA). (1988a). Annual data 1987: Data from the Drug Abuse Warning Network (DAWN). Series 1, No. 7. p. 1. B. National Commission on Marihuana and Drug Abuse. (1972). Marihuana: A signal of misunderstanding. First Report of the National Commission on Marihuana and Drug Abuse, p. 154. c. Zeese 23D. .S. Department of Justice. (1989b, February). Felony sentences in state courts, 1986. Bureau of Justice Statistics, p. 3. .ue01623519b1f90d3b6fe891e6bcae329 , .ue01623519b1f90d3b6fe891e6bcae329 .postImageUrl , .ue01623519b1f90d3b6fe891e6bcae329 .centered-text-area { min-height: 80px; position: relative; } .ue01623519b1f90d3b6fe891e6bcae329 , .ue01623519b1f90d3b6fe891e6bcae329:hover , .ue01623519b1f90d3b6fe891e6bcae329:visited , .ue01623519b1f90d3b6fe891e6bcae329:active { border:0!important; } .ue01623519b1f90d3b6fe891e6bcae329 .clearfix:after { content: ""; display: table; clear: both; } .ue01623519b1f90d3b6fe891e6bcae329 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue01623519b1f90d3b6fe891e6bcae329:active , .ue01623519b1f90d3b6fe891e6bcae329:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue01623519b1f90d3b6fe891e6bcae329 .centered-text-area { width: 100%; position: relative ; } .ue01623519b1f90d3b6fe891e6bcae329 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue01623519b1f90d3b6fe891e6bcae329 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue01623519b1f90d3b6fe891e6bcae329 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue01623519b1f90d3b6fe891e6bcae329:hover .ctaButton { background-color: #34495E!important; } .ue01623519b1f90d3b6fe891e6bcae329 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue01623519b1f90d3b6fe891e6bcae329 .ue01623519b1f90d3b6fe891e6bcae329-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue01623519b1f90d3b6fe891e6bcae329:after { content: ""; display: block; clear: both; } READ: Total Compensation EssayE. Evans, R., et al. (1981, December 12). The regulation and taxation of cannabis commerce.

Developed But It Supported Competitive Edgeâ€Myassignmenthelp.Com

Question: Discuss About The Developed But It Supported Competitive Edge? Answer: Introduction Australias banking is subjected under these four banks; National Australia Bank, Westpac Banking Corporation, New Zealand Banking Group, and Commonwealth Bank of Australia. Sectors of banking are inclusive of licensing of the bank in accordance with Banking Act 1959, licensing of foreign banks are operated through a division in Australia and incorporated foreign bank subsidiary in Australia. In addition to, there is a lot of financial institutions like mutual banks, credit unions and building communities that offer only a certain type of banking services (Cummings and Wright, 2016). The system of banking is in the form of liquid and developed yet competitive. The regulation offers the best level summary of banks supervision and governance inclusive of authorities, international standard rules, liquidity rules, requirements of from foreign investments, liquidation management and current trends in banking regulation. History of Bank Regulation in Australia The Commonwealth Bank of Australia was established by the countrys legislation in 1911. This original body was then preserved in 1959 as the Reserve Bank of Australia (RBA) in the law, especially to undertake the central banking functions. The savings and commercial banking functions, at the same time, were shifted to a novel body, which continued with the old name, i.e. Commonwealth Bank of Australia. The Australian Parliament undertook authority to formulate laws related to currency and banking with the Federation of Australian States into the Commonwealth of Australia. The preliminary Commonwealth Bank Act in 1911, provided the Bank just basic functions of savings and commercial banking; it did not have a central banking remit and also did not have the responsibility for issuance of notes. The Governor was in charge of the Banks management. The Department of Treasury administered note issues. In 1920, the authority of note issuance was shifted to a Notes Board from the Treasury. The Banks Governor was ex officio a member of this Board. Hence, the Bank undertook the administration for the issuance of notes, although the Notes Board and the Bank were officially independent of one another. The Commonwealth Bank Act was modified in 1924, and the power of note issue was then vested in the Bank. Management was then governed by a board consisting of 8 directors (Docherty and Viort, 2014). From then till 1945, the Bank progressed its central banking activities gradually, primarily in response to the economic turmoil of the 1930s and later on by official, albeit transient, expansion of its authority owing to the wartime regulations. Resultantly, exchange control and several other controls came under its purview. The Banking Act and the refined Commonwealth Bank Act of 1945, institutionalized the powers of the Bank pertaining to the administration of the banking and monetary policies and forex control. Under these Acts, the board ceased to exist and was substituted by an advisory council comprising of six members belonging to the Treasury and the Bank. According to this legislation, the Governor had the responsibility to manage the Bank. Nonetheless, a new law in 1951 set up a novel board which included the Governor, Secretary of Treasury and Deputy Governor, and continued the Governors responsibility to manage the Bank (Cox, Hillman and Langevoort, 2016). With slight variations in member counts, this has been the standard structure of the Board since then. The Current Regulatory Regime Applicable to Australian Banks The overall regulation of Australias finance and banking system is segregated between Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia. The RBA is the central bank of Australia and carries the long-standing accountability for the wholesome stability of the monetary policy and the countrys financial system. The RBA policies are determined and implemented by the Payments Systems Board and the Reserve Bank Board. Nonetheless, the RBA does not have any role to play in prudential supervision of the ADIs (Gitman, Juchau and Flanagan, 2015). Technically, RBA is also responsible for exchange control, nonetheless, at a pragmatic level, RBA approval is not mandatory where foreign exchange transactions are undertaken via forex dealers and money market dealers having RBAs authorization. When the Autonomous Sanctions Regulations 2011 was introduced under the Autonomous Sanctions Act 2011, the responsibility for administering sanctions pertaining to forex control no longer fell under the purview of the RBA. The Department of Foreign Affairs and Trade is now responsible for this. RBA has no responsibility for the protection of banking interests of depositors or any of the creditors of banks; instead, its mission is to address with coercion to the financial consistency that is likely to fall over to the confidence of investors and consumers and to the economic activities. At the point of these threats, the bank holds its flexible role of last report lender for immediate liquidity assistance. When there is providing such assistance, the RBA first choice will be to make finance available to market completely by its familiar market operations. In some situations, the RBA will be ready to loan directly to institutions in front of difficulties of liquidity. The financial ins titutions will have to be managed by ARPA and will have to be solvent, and a threat is the failure to make payment in the entire stability system of finance. ARPA opinion regarding the primary reliability of institutions in a suffering will be crucial to any of the RBA assistance. The RBA, according to the support of the Payments System Board, along with this it has a direct to endorse safety, efficiency and competitiveness in the payments system of Australia, and also contains the backup, powerful regulatory powers. For instance, if RBA considers developing entrance to, safety or efficiency, of a specific payment system it can assign that system in relation to the regulation. It can after, public interest, oblige and retain to command on the system or standard for safety and effectiveness. The government predicted that these authorities and powers would be practised with a wide approach of regulatory, with safety for operations of private sectors. The bank also stays liable for performing Exchange Settlement Accounts for members in the system of payments. According to the new regulatory provisions of the FSR Act, RBA has the duty to ensure the settlement and payment facilities performing the affairs in such a way that is stable with entire financial system stability. Being a part of this, RBA has the authority to impose and observe agreement with standards of financial stability for payment and settlement. ASIC is liable for all the issues regarding these facilities, like those concealing corporate governance, security of investor, market reliability and for imposing an agreement with the standards of RBA in case, it is mandatory. In March 2002, the ASIC and RBA agreed an MOU (Memorandum of Understanding) that establishes a structure for assistance for these two agencies regarding licence payments and settlement facilities. The purpose of MOU is to support clearness, assist in avoiding a needless replica of efforts and reducing the stress on facilities, it hides the sharing of information, notification and any other provisions aimed t o attain these aims. The APRA was founded under the Australian Prudential Regulation Authority Act 1998 to regulatory bodies in the financial domain. This body overlooks licensing as well as prudential supervision of all NOHCs and ADIs which the APRA authorizes. Australian Prudential Regulation Authority has finished it's important refurbishment of its prudential standards for the industry of general insurance. The transformation is inclusive of vital increment in capital requirements, solid reinsurance planning, and supporting of suitable risk and threat management strategies and policies (Howell, 2015). The transformation also initiated a powerful healthy and sophisticated system for insurers management regarding their actuaries and auditors. In accordance with recommendation provided by group, and to divide the review taken by the Productivity Commission and announced by government in 2002 October, that it will impose several reforms is a worldwide regime of licensing, by which every ARPA regulated trustee of superannuation fund, permitted funds of deposit and mutual superannuation trust will be needed for licensing by ARPA and to meet the term with requirements of licensing on a continuing manner (Bajada and Trayler, 2015). Trustees are required to organize and propose to ARPA a management strategy for risks and planning for all funds and trust on which they work. One more significant aspect improvement for the purpose of prudential supervision strengthening of superannuation was an amendment of the reporting structure for the superannuation firms. The new and revised forms of reporting pooled the ARPA requirements of reporting and ABS; they also broad the variety of prudential details gathered and lined up the requirements, close to Australian accounting standards. The extra data gathered will help ARPA to conduct more effectively the funds and trusts of superannuation, and will be able to determine that might not be facing problems or are not managed in a prudent way. The reputing requirements revisions will be provided authorized effect under Reporting Standards identified in according to Financial Sector Act 2001. Further industry recommendation regarding the requirements occurred in 2003 first half, and the revised structure will be applicable hugely for the fiscal ending years during and after 30 June 2004. Future of Banking Regulation in Australia Banks require to re-evaluate and refine their approach to their regulators and the regulations. Majority of the banks in Australia strive to maintain collaborative, honest and open regulatory relationships. However, there is a need to do go beyond this, realizing their part in safeguarding Australias reputation for fair dealing and sound finance. One of the concerns emerged out of the global economic downturn was acknowledgment that there are considerable interconnections between banks, especially the big, complex banks, which implies that if they fail or are engulfed in financial turmoil, it will create spillover impacts which will affect the functioning of the financial and economic systems in Australia (Dungey et al., 2015). This has given rise to concerns in the banking regulatory circles regarding what is the best way to address and regulate the important banks. The regulators in Australias banking sector have made a lot of efforts in the past some years to put together good mechanisms and planned to handle bank failures. These are some strategic moves. However, the regulatory bodies are still not sure about how to handle one of the big four if they are in difficulty in Australia or in their New Zealand subsidiaries. The issue with the big four is that they are extremely large to swallow and hence it is difficult for other banks to smoothly and quickly take over. The several measures recommended to try and mitigate the adverse social externalities related to SIBs encompass steps like preventing them from growing so interdependent and huge. There are recommendations for compulsory sell-offs or restructuring. Some reports have even advocated for retail ring-fencing, i.e. dissociating retail banking from other parts so that there is no spillover effect. There are also suggestions of imposing taxes on big banks, compelling them to turn smaller (Docherty and Viort, 2014). There is also some advantage in obligating SIBs to maintain a minimum extent of contingent capital. This capital takes the shape of hybrid securities that compulsorily turn into equity on some triggers being hit when a SIB is in difficulty. This has two merits. Firstly, extra equity is formed automatically when required. Secondly, such security holders are likely to exert and monitor market discipline over the banks provided their exposure to it. Unquestionably the suitable design of these securities needs to be thought through meticulously (Cummings and Wright, 2016). In order to improve its process of prudential supervision and also train the best of their resources, ARPA has improved a PAIRS (Probability and Impact Rating System). It contains a stable risk consideration tool that incorporates risk of likely failure and its likely effects on a sole measure of entire concerns of supervisory. PAIRS works in combination with SOARS that is a Supervisory Oversight and Response System, by which the measures of PAIRS of concerns of supervisory is converted in a suitable manner; that is restricted, normal, improved and oversight. PAIRS illustrate a universal practice and build up harmony on the aspects of ARPA ancestor bodies. In terms of considering the potential of failure, these are on the basis of risk types acquired by financial in institutions, and for considering likely impacts are on the basis of size and scale of a financial institution (Yan et al., 2014). Conclusion Present study shows significant revolution in banking regulatory norms of Australia in order to ensure transparency, fairness and ethical aspects in transactions. Sectors of banking in Australia are inclusive of licensing of the bank supported by provisions of Banking Act 1959. Banking system is in the form of liquid and developed yet competitive. In regulation, RBA and APRA have crucial role as RBA has the duty to ensure the settlement and payment facilities performing the affairs in such a way that is stable with entire financial system stability while APRA overlooks licensing as well as prudential supervision of all NOHCs and ADIs which the APRA authorizes. There are six effective and solid factors that are handling the Australia banking sectors today; technology, behaviour and attitude of customer, varying demographics and a passive universal economy. These factors are addressing change timely when traditional value drivers for the industry- development and growth of asset to a l ow extent, influence are dissolving and can even overturn. Subsequently, expectations of outcome and future position of industry are modified along with each announcement of earnings. References Bajada, C. and Trayler, R., (2015). Technology-driven service innovation in the banking industry. InThe Handbook of Service Innovation(pp. 319-343). Springer London. Cox, J.D., Hillman, R.W. and Langevoort, D.C., (2016).Securities regulation: cases and materials. Wolters Kluwer Law Business. Cummings, J.R. and Wright, S., (2016). Effect of higher capital requirements on the funding costs of Australian banks.Australian Economic Review,49(1), pp.44-53. Docherty, A. and Viort, F., (2014).Better Banking: understanding and addressing the failures in risk management, governance and regulation. John Wiley Sons. Dollery, B.E., Kortt, M.A. and Grant, B.J., (2013). Funding the future: Financial sustainability and infrastructure finance in Australian local government. Dungey, M., Doko Tchatoka, F., Wells, G. and Yanotti, M.B., (2015). Mortgage choice determinants: The role of risk and bank regulation.Economic Record,91(295), pp.417-437. Gitman, L.J., Juchau, R. and Flanagan, J., (2015).Principles of managerial finance. Pearson Higher Education AU. Yan, X., Skully, M., Avram, K. and Vu, T., (2014). Market discipline and deposit guarantee: evidence from Australian banks.International Review of Finance,14(3), pp.43