How we work at Bank Australia | About us | Bank Australia (2024)

At Bank Australia we respectfully acknowledge the Traditional Custodians of all the lands on which we work and pay our respects to the Elders past and present. Our head office is located on the land of the Wurundjeri people of the Kulin Nation. We recognise their continued connection to the land, waters and culture and we acknowledge their sovereignty has never been ceded. We acknowledge the constant resistance and resilience of First Nations people in their fight for self-determination.

We support the Uluru Statement from the Heart to achieve justice, recognition and respect for First Nations people and a referendum to enshrine a First Nations Voice in the Constitution. We see reconciliation as a fundamental responsibility for Bank Australia and we are committed to advancing reconciliation with Australia’s First Peoples.

How we work at Bank Australia | About us | Bank Australia (2024)

FAQs

What is the mission statement of Bank Australia? ›

Purpose-driven, always

Our aspiration is to be Australia's most trusted bank and a leading purpose-driven business. ‍Why? ‍To inspire and empower our customers to use their money to create a world where people and the planet thrive.

Do I need an Australian bank account to work in Australia? ›

If you're planning on working and earning money, you'll need an Australian bank account to be paid into. Even if you decide not to work in Australia, you may find it easier to open an Australian bank account anyway, to help you cut down on international transaction fees and split bills with friends more easily.

Do banks pay well in Australia? ›

Analyst roles at investment banks consistently rank among the highest paying graduate jobs in Australia, with bulge bracket banks like J.P. Morgan offering base salaries from AU$140,000 up to and as high as AU$215,000, with additional bonuses typically in the order of 40-60% of base salary.

What is the salary of a bank employee in Australia? ›

The average annual salary for Banker jobs in Australia ranges from $150,000 to $170,000.

What are the 5 biggest banks in Australia? ›

Top 10 Australian Banks - Market Capitalisation
RankBank & ASX SignMarket Cap - August 2024 ($AUD billion)
1Commonwealth Bank - CBA$229.68
2National Australia Bank - NAB$118.82
3Westpac - WBC$102.87
4Australia & New Zealand Banking Corp - ANZ$87.24
6 more rows

What are the biggest challenges in Australia? ›

An ageing population, escalating pressures in the health system and climate change pose long-term challenges for Australia's economic growth, living standards and government finances. Failure to act now to tackle intergenerational challenges will result in severe economic, fiscal and environmental consequences.

What are good banks in Australia? ›

Australia's banking sector is dominated by four major banks collectively known as the 'Big Four' – Commonwealth Bank of Australia (CBA), Westpac, National Australia Bank (NAB), and Australia and New Zealand Banking Group (ANZ).

Who owns Bank Australia? ›

Bank Australia board and executive team

As owners of Bank Australia, our customers elect directors to the board. So, our directors are directly accountable to all customers.

Who are the Big 4 in Australian banking Why are they known as this? ›

Who are the Big 4 banks in Australia? Commonwealth Bank, Westpac, National Australia Bank, and Australia and New Zealand Banking Group (ANZ) are known as Australia's Big Four banks by virtue of their market share and market value.

Who is Bank Australia merging with? ›

Qudos Bank Chair Jennifer Dalitz said “We're pleased to be proceeding with the proposed merger of two of Australia's leading customer owned banks, Bank Australia and Qudos Bank following a successful due diligence phase.

Can a foreigner work in Australian bank? ›

We can only employ you if you are: An Australian citizen; or. A permanent resident; or. A non-citizen in Australia on a valid visa that allows you to work - this includes New Zealand citizens.

Can a US citizen have an Australian bank account? ›

Generally, yes, you can. Although it can depend on the bank, Australia has fully modernised banking systems, many of which allow for overseas transfers.

Which bank is best for working? ›

ICICI Bank has emerged as the 'Best Company to Work For in India', as per a survey by the Business Today (BT) magazine.

What qualifies you to work at a bank? ›

To become a teller, individuals usually need a high school diploma or GED, they may benefit from banking certification offered by several professional organizations and must pass a background check.

Are banking jobs in demand in Australia? ›

Yes, finance is in demand in Australia, particularly for roles such as financial analyst, accountant and investment banker.

Is it hard to get a job at a bank? ›

If you want to get into banking, you need to work very hard, exhaust every opportunity you have, and really, genuinely, be a little bit lucky. We've made a list of the best options you have.

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