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Asia Pacific21 institutions

Australia Financial Sector

The Big Four banks plus a thriving superannuation sector and neobank innovators.

Market Overview

Australia's financial system is anchored by the 'Big Four' banks — Commonwealth Bank, Westpac, ANZ, and NAB — which collectively hold over 80% of banking assets. The country has the world's fourth-largest pension (superannuation) system, with over AUD $3.5 trillion in assets. Australia's open banking framework and Consumer Data Right (CDR) legislation has enabled a new wave of fintech innovation from companies like Afterpay (now Block), Zip, and Judo Bank.

Australia's financial services sector contributes approximately 9% of GDP and is the country's largest industry.

Key Market Facts

  • ▸Australia's super system manages AUD $3.5 trillion
  • ▸Afterpay pioneered global BNPL before acquisition by Block
  • ▸ASX lists 2,200+ companies with AUD $2.5 trillion market cap
  • ▸Open Banking CDR framework launched 2020

Key Regulators

  • •Australian Prudential Regulation Authority (APRA)
  • •Australian Securities and Investments Commission (ASIC)
  • •Reserve Bank of Australia (RBA)

Browse Australia Directory

View all 21 financial institutions in Australia.

Featured Institutions in Australia

AustralianSuper

Premium
PensionMelbourne, Australia

AustralianSuper is Australia's largest superannuation fund, managing retirement savings for over 3 million members across all industries.

www.australiansuper.com

Macquarie Group

Premium
InvestmentSydney, Australia

Macquarie Group is a global financial services company providing asset management, banking, advisory, and risk and capital solutions to clients worldwide.

www.macquarie.com

86 400 (now Ubank)

FintechSydney, Australia

Ubank (formerly 86 400) is an Australian digital bank offering savings accounts, home loans, and transaction accounts with a focus on smart money management.

www.ubank.com.au

AMP Limited

Wealth ManagementSydney, Australia

AMP Limited is a leading wealth management company in Australia and New Zealand, providing financial advice, superannuation, and investment products.

www.amp.com.au

ANZ Banking Group

BankMelbourne, Australia

ANZ is one of Australia's four major banks, providing retail, commercial, and institutional banking services in Australia, New Zealand, and Asia.

www.anz.com.au

Australia and New Zealand Banking Group

BankMelbourne, Australia

ANZ is one of Australia's four major banks, offering retail, commercial, and institutional banking services with a strong presence in Asia Pacific.

www.anz.com.au

Australian Military Bank Ltd

Bank

Australian Military Bank Ltd provides deposit, lending, card, insurance, superannuation and related financial services for the Australian defence community.

www.australianmilitarybank.com.au/

Australian Retirement Trust

PensionBrisbane, Australia

Australian Retirement Trust is one of Australia's largest superannuation funds, formed from the merger of QSuper and Sunsuper, managing retirement savings for over 2 million members.

www.australianretirementtrust.com.au

Aware Super

PensionSydney, Australia

Aware Super is one of Australia's largest superannuation funds, serving public sector employees and their families with retirement savings and financial advice.

www.aware.com.au

Bank Australia Limited

Bank

Bank Australia Limited is a customer-owned Australian bank providing personal and business banking, deposits, lending, cards and related financial services.

www.bankaust.com.au/

Bank of Queensland Limited

Bank

Bank of Queensland Limited provides retail and business banking, deposit accounts, lending, card and related financial services in Australia.

www.boq.com.au/

Bendigo and Adelaide Bank

BankBendigo, Australia

Bendigo and Adelaide Bank is a leading Australian community bank focused on serving regional communities, offering retail banking, business banking, and wealth management.

www.bendigoadelaide.com.au

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