Acronyms and Abbreviations
Acronyms and Abbreviations
ABAAustralian Bankers’ Association
ABIOAustralian Banking Industry Ombudsman
ABSAustralian Bureau of Statistics
ACCCAustralian Competition and Consumer Commission
ACCIAustralian Chamber of Commerce and Industry
ADRalternative dispute resolution
AFICAustralian Financial Institutions Commission
AFIC CodeAustralian Financial Institutions Commission Code 1992
AFMAAustralian Financial Markets Association
AGPSAustralian Government Publishing Service
AIDCAustralian Industry Development Corporation
ALRCAustralian Law Reform Commission
ANZANZ Banking Group
APCAAustralian Payments Clearing Association
APECAsia-Pacific Economic Cooperation
APRCAustralian Prudential Regulation Commission
APSCAustralian Payments System Council
ASCAustralian Securities Commission
ASXAustralian Stock Exchange
ATMautomated teller machine
ATOAustralian Taxation Office
Banking ActBanking Act 1959
Banks (Shareholdings) ActBanks (Shareholdings) Act 1972
BISBank for International Settlements
BITSBank Interchange and Transfer System
CBACommonwealth Bank of Australia
CEDACommittee for Economic Development of Australia
CEMTEXCentral Magnetic Tape Exchange
CFMCommonwealth Funds Managment
CFRCouncil of Financial Regulators
CFSCouncil of Financial Supervisors
CFSCCorporations and Financial Services Commission
CGTcapital gains tax
CHESSClearing House Electronic Sub-register System
CMLColonial Mutual Life Assurance Society Limited
CPACompetition Principles Agreement
DoCADepartment of Communications and the Arts
DTIdeposit taking institution
EDIElectronic Data Interchange
EFTelectronic funds transfer
EFTPOSelectronic funds transfer at point of sale
EPACEconomic Planning and Advisory Commission (formerly Economic Planning and Advisory Council)
ESAexchange settlement account
ESOPEmployee Share Ownership Plan
FCAFinancial Corporations Act 1974
FI CodeFinancial Institutions Code
FI SchemeFinancial Institutions Scheme
FIDfinancial institutions duty
FIFforeign investment fund
FSACFinancial Sector Advisory Council
FSIFinancial System Inquiry
G10Group of Ten Central Banks
G20Group of Twenty
GBEgovernment business enterprises
GDPgross domestic product
GIOGovernment Insurance Office
GSMGroup Speciale Mobile
HLICHousing Loans Insurance Corporation
IBSAInternational Banks and Securities Association of Australia
ICIndustry Commission
IMFInternational Monetary Fund
ISCInsurance and Superannuation Commission
IWTinterest withholding tax
Life Insurance ActLife Insurance Act 1995
LGSLiquid Assets and Government Securities
MCCAMinisterial Council of Consumer Affairs
MERmanagement expense ratio
MFIMain Financial Institution
NABNational Australia Bank
NASDAQNational Association of Securities Dealers Automated Quotation system
NBFInon-bank financial institution
NCDnon-callable deposit
OBUOffshore Banking Unit
OECDOrganisation for Economic Cooperation and Development
OTCover-the-counter
PARPrime Assets Ratio
PCpersonal computer
PFEpublic financial enterprise
PINpersonal identification number
PSAPrices Surveillance Authority
PSBPayments System Board
PUCLPanel for Uniform Commercial Laws
RBAReserve Bank of Australia
RHQRegional Headquarters (Companies)
RICregulated investment company
RIMRetirement Income Modelling
RITSReserve Bank Information and Transfer System
RSAretirement savings account
RTAretail transaction account
RTGSreal-time gross settlement
SBSAState Bank of South Australia
SCAGStanding Committee of Attorneys-General
SCTSuperannuation Complaints Tribunal
SETSecure Electronic Transaction
SFESydney Futures Exchange
SGsuperannuation guarantee
SGICState Government Investment Corporation
SISSuperannuation Industry (Supervision) Act 1993
SMEsmall and medium sized enterprise
SRDStatutory Reserve Deposits
SROself-regulatory organisation
SSAState Supervisory Authority
SSPSpecial Service Provider
SVCstored value card
SWIFTSociety for Worldwide Interbank Financial Telecommunications
SYCOMSydney Futures Exchange screen trading system
TFPtotal factor productivity
TGIOTasmanian Government Insurance Office
TPATrade Practices Act 1974
TPCTrade Practices Commission
UCCCUniform Consumer Credit Code
WestpacWestpac Banking Corporation
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