Australia has a strong, leading, regulated and widely open banking market overseas. Australia’s financial sector is a significant contributor to GDP. Australia’s four largest banks include the Commonwealth Bank of Australia, National Australia Bank, Westpac and ANZ. The Australian financial system is primarily regulated by the Reserve Bank of Australia (RBA), the Australian Prudential Regulation Authority (APRA), the Australian Securities and Investments Commission (ASIC) and The Treasury of Australia.

The ZERO2ONE Accounting team provides a wide range of services to the banking industry, including:

• Establishment of Australian branches of state-owned banks
• Assistance with internal bookkeeping, payroll management and GST compliance for banking institutions
• Other day-to-day services such as bookkeeping, tax compliance and audit