The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions (ADI),[1] credit unions and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.[2]
Central bank
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.[3] The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official cash rate.
Authorised deposit-taking institutions
Authorised Deposit-taking Institutions (ADIs) are corporations authorised to conduct banking business in Australia; however, the Financial Claims Scheme (FCS) guarantee applies exclusively to banks, building societies, and credit unions, and does not cover all ADI categories such as payment facilities.[4]
Incorporated in Australia
According to APRA statistics as of 11 December 2025, there are 71 Australian-owned ADIs, along with seven foreign-owned banks that are locally incorporated in Australia. It is worth noting that several of these banking groups operate under multiple brand names.[5]
Total resident assets
The following table ranks banking entities and financial groups in Australia by total resident assets, based on statistics released by the Australian Prudential Regulation Authority (APRA) as of September 2025.[12]
See also
- Banking in Australia
- List of banks
- List of banks in Oceania
References
- APRA finalises new Restricted Authorised Deposit-taking Institution licensing framework | APRA www.apra.gov.au^
- APRA, "List of Authorised Deposit-taking Institutions", as at 2 August 2017^
- History of the RBA Reserve Bank of Australia, retrieved 2009-06-05