Financial system in Australia

The Australian financial system consists of the arrangements covering the borrowing and lending of funds and the transfer of ownership of financial claims in Australia, comprising: authorised deposit-taking institutions (ADIs) or financial institutions, comprising banks, credit unions and building societies, non bank financial institutions (NBFI), insurance (life and general), superannuation, financial markets—debt, equity and derivative markets, and payments systems—cash, cheques, EFTPOS, RTGS and other high-value payment systems. == Financial markets == The main stock exchange operators in the Australian financial market are the Australian Securities Exchange (ASX) and the smaller National Stock Exchange of Australia (NSX), both of which provide stock exchange facilities for Australian listed securities.

Source: Wikipedia — Financial system in Australia (CC BY-SA 4.0)

Financial system in Australia

The Australian financial system consists of the arrangements covering the borrowing and lending of funds and the transfer of ownership of financial claims in Australia, comprising: authorised deposit-taking institutions (ADIs) or financial institutions, comprising banks, credit unions and building societies, non bank financial institutions (NBFI), insurance (life and general), superannuation, financial markets—debt, equity and derivative markets, and payments systems—cash, cheques, EFTPOS, RTGS and other high-value payment systems. == Financial markets == The main stock exchange operators in the Australian financial market are the Australian Securities Exchange (ASX) and the smaller National Stock Exchange of Australia (NSX), both of which provide stock exchange facilities for Australian listed securities.

Source: Wikipedia "Financial system in Australia" · CC BY-SA 4.0

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