Abstract
Australian financial intermediaries can be classified under the following broad headings: the central bank; the banking sector; non-bank financial intermediaries (NBFIs). Other useful categorisations distinguish banks which are subject to the 1959 Banking Act from those which are not and deposit-taking NBFIs from the rest. Details are presented in Table 1.1.
The financial support of the British Council and the Bank of England-administered Houblon-Norman Fund and the assistance of the Reserve Bank of Australia are gratefully acknowledged.
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© 1987 Maximilian J. B. Hall
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Hall, M. (1987). The Australian Financial System. In: Financial Deregulation. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18927-4_1
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DOI: https://doi.org/10.1007/978-1-349-18927-4_1
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-18927-4
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