List of banks in Australia
The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions, credit unions and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority as authorised deposit-taking institutions under the Banking Act 1959, as at 2 August 2017.
Central bank
The Reserve Bank of Australia 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. 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' by controlling the official cash rate.
Authorised deposit-taking institutions
Authorised Deposit-taking Institutions are corporations authorised to conduct banking business in Australia; however, the Financial Claims Scheme guarantee applies exclusively to banks, building societies, and credit unions, and does not cover all ADI categories such as payment facilities.
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.
Restricted ADIs
As of 11 December 2025, there are currently no restricted authorised deposit-taking institutions regulated by APRA.
Local ADI rankings
Presented below is a ranking of ADIs based on CET1 capital accumulation within all local banking subsidiaries as of September 2025.
Incorporated outside Australia
As of 11 December 2025, the Australian Prudential Regulation Authority reported that 49 Authorized Deposit-taking Institutions are incorporated outside Australia. These entities generally operate as foreign branch banks and are subject to specific regulatory requirements under the Banking Act 1959.
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 as of September 2025. While this dataset specifically focuses on assets held by Australian residents and excludes non-resident holdings, the figures remain a close proxy for the total balance sheet of each institution. This correlation is due to Australia status as a primarily domestic-focused market rather than a major offshore financial hub; consequently, for the vast majority of these banks, resident assets comprise the bulk of their global operations, although the "Big Four" banks also hold significant assets in New Zealand.