Developments in the Structure of the Australian Financial System
Some countriesâ€™ financial systems have undergone significant changes in response to the global financial crisis. While Australiaâ€™s financial system also experienced a variety of pressures and changes as a result of the crisis, the overall effect was much less severe than in some other developed countries and some of the recent changes in the structure of the Australian financial system have been a continuation of longer-term trends. This article examines recent developments in the institutional structure and performance of the Australian financial system, focusing on the past five years or so since the Reserve Bank published an article on this subject.
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Article provided by Reserve Bank of Australia in its journal RBA Bulletin
Volume (Year): (2011)Handle:
Issue (Month): (June)
Contact details of provider:
Postal: GPO Box 3947, Sydney NSW 2001
Web page: http://www.rba.gov.au/
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Related researchKeywords: Australia
; financial system
; authorised deposit-taking institution
; credit union
; building society
; registered financial corporation
; managed fund
; funds management
; general insurance
; life insurance
; financial institution
; pension fund
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