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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 ]
A Bank State Branch (often referred to as " BSB ") is the name used in Australia for a bank code, which is a branch identifier. The BSB is normally used in association with the account number system used by each financial institution. The structure of the BSB + account number does not permit for account numbers to be transferable between ...
Australian Payments Network Limited ( AusPayNet ), formerly the Australian Payments Clearing Association ( APCA) [1] is the self-regulatory body set up by the payments industry to improve the safety, reliability, equity, convenience and efficiency of payment systems in Australia . AusPayNet has over 140 members [2] which include Australia's ...
Banking in Australia is notable by the small number of large banks in the market. Much of this concentration is the result of bank acquisitions. English, Scottish and Australian Bank was acquired by the ANZ Bank in 1970. In 1982, Bank of New South Wales merged with the Commercial Bank of Australia to form Westpac.
A$ 10.3 billion (2022) Members. 390,000 (2022) Number of employees. Approx. 900 [ 4] (2022) Website. peopleschoice.com.au/. Heritage and People’s Choice Limited, trading as People's Choice, [ 5] is an Australian credit union based in Adelaide, South Australia. It is one of Australia's largest [ 4] credit unions, with branches located in South ...
The Commercial Banking Company of Sydney Limited. The Commercial Banking Company of Sydney Limited, also known as the CBC, or CBC Bank, was a bank based in Sydney, Australia. It was established in 1834, and in 1982 merged with the National Bank of Australasia to form National Australia Bank .
Bank of Queensland. BankSA. BankVic. Bankwest. Barrenjoey Capital Partners. Bendigo and Adelaide Bank. Beyond Bank Australia. BT (wealth management)
Great Southern Bank is a mutual bank with origins dating back to 1946. It has branches located around Australia, predominantly on the east coast. Great Southern Bank has an Australian-based contact centre in Melbourne. It is part of the Customer-owned Banking Association (COBA), [ 9] the industry association for mutual banks, credit unions, and ...