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Home > Company Index > Banking > Money Center Banks > Reserve Bank of Australia

Reserve Bank of Australia
 PROFILE
The Reserve Bank of Australia is Australia's central bank, responsible for setting monetary policy and keeping the Australian economy stable. The bank, owned by the Australian government, processes receipts and government payments, such as those made by the Department of Veterans' Affairs and other large agencies. The Reserve Bank also regulates systems for settling accounts between other banks involving such regular transactions as check clearance and electronic transfer of funds; it settles transactions from the Government Securities market, as well. The bank is also responsible for printing Australia's money through subsidiary Note Printing Australia.

 COMPETITION
Australia and New Zealand Banking Group Limited (ANZ)
HSBC Holdings plc (HBC)
National Australia Bank Limited (NAB)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 1,368.30
1-Yr. Sales Growth: (8.4)%
Employees: 990
Revenue per employee: $1,382,121.21

 KEY PEOPLE
• Ian J. Macfarlane
    CEO
• E. A. Evans
    CFO

 CONTACT INFO
65 Martin Place
Sydney 2000, Australia
Phone: 61-2-9551-8111
Fax: 61-2-9551-8000
Online: Web Site

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