Quick Answer: Who Owns Australian Banks?

Which banks are Australian owned?

What other banks ownAustralian Military Bank.Auswide Bank.Bank of Queensland Ltd.Community First Credit Union.Police Bank.Teachers Mutual Bank..

Who really owns Australia?

The Commonwealth Bank of Australia, the nation’s biggest company, is more than 60% owned by American-based investors. So too are Woolworths and Rio Tinto. BHP, once known as “the Big Australian”, is 73% owned by American-based investors.

Who is ANZ bank owned by?

Ownership. ANZ NZ is wholly owned by Australia and New Zealand Banking Group Limited of Australia via two intermediates; ANZ Holdings (New Zealand) Limited and Pty Funds Limited (incorportated in Australia).

Who owns big banks?

HSBC Custody Nominees (Australia) Limited: 16.91% of Westpac; 16.83% of NAB; 18.48% of ANZ; 14.80% of CBA. JP Morgan Nominees Australia Ltd: 12.75% of Westpac; 12.03% of NAB; 14.40% of ANZ; 11.57% of CBA. National Nominees Limited: 9.93% of Westpac, 10.14% of NAB; 11.76% of ANZ; 8.5% of CBA.

Which is the safest bank in Australia?

According to a survey conducted by Global Finance, the safest bank in Australasia in 2019 was ANZ Group.

Is HSBC a good bank in Australia?

HSBC is the 5th largest bank in the world and has been a popular choice in Australia for people of Chinese descent and international borrowers.