In this article, we will look into the 20 biggest financial and banking companies in Australia in 2024.
Australian Economy and the Financial Sector
According to the IMF, Australia boasts a GDP of $1.69 trillion, as of 2024. The country’s economy is expected to grow at a rate of 1.4% in 2024. Australia’s financial sector is one of the major contributors to its economy, accounting for 7.4% of the Australian economy, as of 2024.
Inflation in Australia was steady for the third month in a row in...