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Financial Institutions and Markets in Australia

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Abstract

Australia, covering an entire continent with a land area of some 7.69 million square kilometres (almost the size of the continental United States), is the largest of the Southwest Pacific countries. Despite its size, the population lives mostly along the perimeter, as the interior, through lack of water, is an expanse of arid terrain. These inner lands, however, are rich in minerals, and Australia, overall, is truly a ‘lucky country’ in terms of natural resources.

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Notes

  1. Michael T. Skully, The Diversification of Australia’s Trading Banks. (Lindfield: Centre for Securities Industry Studies, 1979) p. 3.

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  2. Australian Bureau of Statistics, Finance Companies: Assets, Liabilities, Income and Expenditure, Australia 1981–82 (18 Mar 1983) p. 7.

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  3. Australian Bureau of Statistics, Credit Unions: Assets, Liabilities, Income and Expenditure, Australia 1981–82 (25 Mar 1983) p. 6.

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  4. Australian Bureau of Statistics, Life Insurance, Australia, May 1983 (1 Sep 1983) p. 4.

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© 1985 Australasian Consulting, Inc.

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Skully, M.T. (1985). Financial Institutions and Markets in Australia. In: Skully, M.T. (eds) Financial Institutions and Markets in the Southwest Pacific. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04115-2_1

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