Australia : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics; Banking Supervision, Insurance Regulation, Securities Regulation, and Payment Systems.

The Australian banking system, which holds approximately half of total financial systems assets, and is dominated by four major banks, is sound with high earnings, high asset growth, and low levels of problem assets. Stress tests did not reveal near-term stability concerns, suggesting the banking sy...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Staff Country Reports; Country Report ; No. 2006/372
Online Access:Full text available on IMF