What are the 5 major banks in Australia?

What are the 5 major banks in Australia?

The top 5 banking institutions in Australia are Commonwealth Bank, NAB, ANZ Bank, Westpac and Macquarie Bank.

Whats the most popular bank in Australia?

Commonwealth Bank of Australia
Leading banks in Australia H1 2021 by assets Commonwealth Bank of Australia was the largest Australian bank as at H1 2021, by value of total assets.

Is CBA the largest bank in Australia?

The Commonwealth Bank of Australia (“CBA”) Group is the largest bank and best known financial services brand in Australia. CBA’s products and services are provided through divisions including Retail Banking Services, Business and Private Banking, Institutional Banking and Markets and ASB New Zealand.

Which bank pays highest salary in Australia?

Commonwealth Bank of Australia Salary FAQs Commonwealth Bank of Australia employees rate the overall compensation and benefits package 3.7/5 stars. The highest-paying job at Commonwealth Bank of Australia is a a Senior Strategy Manager with a salary of A$1,547,000 per year.

How do I choose a bank in Australia?

Look for accounts with no or low fees. Choose accounts with higher interest rates. Compare bank accounts and consider switching if you find a better one. Check your bank statements and contact your bank if you find something wrong.

Which bank has best salaries?


  • American Express Amex.
  • Capital One Financial Corporation.
  • Morgan Stanley.
  • Wells Fargo.
  • JPMorgan Chase.
  • Citigroup.
  • The Bank of New York Mellon Corporation.
  • State Street Corporation. The average base salary for vice presidents: $110,618.

Which is the best Australian bank to invest in?

5 best performing ASX bank shares

  • Bendigo and Adelaide Bank Ltd (ASX: BEN)
  • Australia and New Zealand Banking GrpLtd (ASX: ANZ)
  • Australian Finance Group Limited (ASX: AFG)
  • Virgin Money UK CDI (ASX: VUK)
  • Resimac Group Ltd (ASX: RMC)

What are the big 4 banks Australia?

Banking in Australia is dominated by four major banks: Commonwealth Bank of Australia, Westpac Banking Corporation, Australia and New Zealand Banking Group, and National Australia Bank.

  • Banks require a bank licence under the Banking Act 1959.
  • What is the best bank in Australia 2020?

    The top 10 banks in Australia are:

    • Commonwealth Bank. Commonwealth Bank is a multinational bank with presence across New Zealand, Fiji, Asia, the US, and the UK.
    • Australia and New Zealand Banking Group (ANZ)
    • National Australian Bank (NAB)
    • Westpac Bank.
    • Bank of Queensland.
    • Macquarie Bank.
    • Bendigo Bank.
    • AMP Bank Ltd.