List of banks in Australia

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The Oriental Bank, one of Australia's earliest bank buildings, located in Melbourne, circa 1870s. The bank went out of business in around 1884 and was demolished shortly afterwards.

The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions (ADI),[1] credit unions and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.[2]

The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.[3] The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official cash rate.

Authorised deposit-taking institutions

See also

References

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