Journal of Applied Finance & Banking

The Banking System in Australia and New Zealand: A Vision together

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• Abstract 

  This paper explores the statistical similarities and differences in the banking systems of Australia and New Zealand between 2005 and 2016. It uses factorial analysis, from which the six factors are obtained, synthesizing the economic and financial measures that are used in both countries. We examine how the factors obtained behave over time and consider the implications for separate and joint prudential banking policy in the two countries.

  JEL classification numbers: G21, M41
  Keywords: Banking system in Australia and New Zealand, Factor analysis, prudential banking policy, financial stability.