The Economy

The Economy

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Prudential

Prudential regulation is designed to ensure that entities, such as banks, insurance companies and superannuation fund trustees, which make financial promises to consumers are capable of meeting those promises.

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Tax

The banking industry supports a fair, transparent, and efficient tax system that is sustainable and continues to support a strong and stable economy whilst meeting the needs of the community.

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AML/CTF

For some time, the international community has been committed to co-operation directed at reducing the risks and consequences of money-laundering and terrorism, recognising that these issues require a global response.

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Financial Services Regulation

Financial services providers in Australia are generally heavily regulated.

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Statistics

View the highlights of facts and figures for Banking in Australia and download the full statistical report from Australian Banking Association.

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Competition

The ABA works with all regulators to ensure their actions consider the impacts on competition and promote further competition between providers of financial products.

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