How many banks in Australia?

As of September 2022, there were 14 Authorized Deposit-taking Institutions (ADIs) in Australia, which are commonly referred to as banks. These include:

Major banks:

1. ANZ Bank

2. Commonwealth Bank of Australia (CBA)

3. National Australia Bank (NAB)

4. Westpac Banking Corporation

Mid-sized banks:

5. Macquarie Bank

6. Bendigo and Adelaide Bank

7. Suncorp Bank

Regional banks:

8. Bank of Queensland

9. Heritage Bank

10. Bankwest

11. CUA

12. MyState Bank

Foreign banks:

13. Citibank Australia

14. HSBC Bank Australia

These banks offer various financial services to individuals and businesses, including deposit accounts, loans, mortgages, credit cards, and investment services.