Project Description
Financial Markets, Institutions and Money, 4th Edition
The fourth edition of Financial Markets, Institutions and Money (Kidwell et al.) provides an overview of all the financial institutions, markets and money that make up the financial system in Australia. Key authorities such as the Reserve Bank of Australia and the Reserve Bank of New Zealand are also examined.
Available as a full colour printed textbook with an interactive eBook code, this title enables every student to master concepts and succeed in assessment. Lecturers are supported with an extensive, easy-to-use teaching and learning package.

Designed for Learning
Localised Sources
Kidwell’s 4th ANZ edition has been thoroughly updated to present the most current view of the financial environments in Australia and New Zealand.
Customisable Content
A web chapter on the Reserve Bank of New Zealand is available to New Zealand adopters on request.
Self-Study Resource
In the eBook version of Kidwell’s 4th edition, each chapter features an interactive revision quiz and feedback at the point-of-learning.
Powerful Digital Capabilities
Available as a full colour printed textbook with an interactive eBook code, this title enables every student to master concepts and succeed in assessment. Lecturers are supported with an extensive, easy-to-use teaching and learning package.
18 Financial Markets, Institutions and Money Topics
- Chapter 1. The financial system
- Chapter 2. Financial markets
- Chapter 3. The monetary authorities
- Chapter 4. The Reserve Bank of Australia and interest rates
- Chapter 5. Financial mathematics
- Chapter 6. Bond prices and interest rate risk
- Chapter 7. The structure of interest rates
- Chapter 8. Money markets
- Chapter 9. Bond markets and valuation
- Chapter 10. Equity markets and share valuation
- Chapter 11. Derivatives markets
- Chapter 12. Foreign exchange markets
- Chapter 13. Regulation of financial institutions
- Chapter 14. Commercial bank operations
- Chapter 15. Nonbank financial institutions
- Chapter 16. International banking
- Chapter 17. Insurance, investment companies and superannuation
- Chapter 18. Investment banking and venture capital
Team of Authors
David S. Kidwell is Professor of Finance and Dean Emeritus at the Curtis L. Carlson School of Management, University of Minnesota. He has over 30 years’ experience in financial education, as a teacher, researcher and administrator. He has published in leading journals such as Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Financial Management and Journal of Money, Credit and Banking.
Economics in the Griffith Business School. He has a PhD on capital markets and has active research interests in financial markets, sustainable finance, personal finance and finance education, with publications in various national and international journals including Accounting and Finance, Corporate Governance: An International Perspective, Housing Theory and Society, Griffith Law Review, Australian Tax Forum and Higher Education Research and Development. Dr Brimble is a Commonwealth Office for Learning and Teaching National Fellow. Mark is the recipient of numerous teaching and learning grants, citations and awards, including leading the team that won the 2010 Business and Higher Education Round Table award for the best higher education and training collaboration, and achieved platinum in two categories in the 2017 Learn X Awards. Mark was awarded Australian Teaching and Learning Council Citations in 2011 and 2016, and an Australian Award for Teaching Excellence in 2016. Dr Brimble is a CPA, a Fellow of the FINSIA, and a member of the Financial Planning Association of Australia and the Australian Institute of Company Directors. Mark was a foundation member of the Financial Planning Education Council and Chair from 2012–2017. He was also the Founding Co-Chair of the Financial Planning Academics Forum and Co-Founding Editor of the Financial Planning Research Journal as well as a foundation director of the Financial Adviser Standards and Ethics Authority.