Question | Answer |
the Council of Financial Regulators | Coordinating body for Australia's main financial regulatory agencies; advise govt on adequacy of financial system |
Reserve Bank of Austraila | Australia's central bank that's responsible for stability of currency, maintenance of employment and economic prosperity of Australians |
Australian Prudential Regulation Authority | Ensure supervision of financial intermediaries and interests/funds of depositors |
Australian Securities and Investment Commission | Enforce legislative provision of financial market and protect consumers from manipulation/unfair practices |
Australian Treasury | Advising government and develop economic policy and prepare the Australian federal budget |
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