The Finance sector's operating environment was previously characterised by record-low interest rates. Nonetheless, high inflation prompted the Reserve Bank of Australia (RBA) to hike the cash rate from May 2022 onwards. This shift allowed financial institutions to impose higher loan charges, propelling their revenue. Banks raised interest rates quicker than funding costs in the first half of 2022-23, boosting net interest margins. However, sophisticated competition and digital disruption have reshaped the sector and nibbled at the Big Four's dominance, weighing on ADIs' performance. In the first half of 2025, the fierce competition has forced ADIs to trim lending rates even ahead of RBA moves to protect their slice of the mortgage market. Higher cash rates initially widened net interest margins, but the expiry of cheap TFF funding and a fierce mortgage war are now compressing spreads, weighing on ADIs' profitability. Although ANZ's 2024 Suncorp Bank takeover highlights some consolidation, the real contest is unfolding in tech. Larger financial institutions are combatting intensified competition from neobanks and fintechs by upscaling their technology investments, strengthening their strategic partnerships with cloud providers and technology consulting firms and augmenting their digital offerings. Notable examples include the launch of ANZ Plus by ANZ and Commonwealth Bank's Unloan. Meanwhile, investor demand for rental properties, elevated residential housing prices and sizable state-infrastructure pipelines have continued to underpin loan growth, offsetting the drag from weaker mortgage affordability and volatile business sentiment. Overall, subdivision revenue is expected to rise at an annualised 8.3% over the five years through 2024-25, to $524.6 billion. This growth trajectory includes an estimated 4.8% decline in 2024-25 driven by rate cuts in 2025, which will weigh on income from interest-bearing assets. The Big Four banks will double down on technology investments and partnerships to counter threats from fintech startups and neobanks. As cybersecurity risks and APRA regulations evolve, financial institutions will gear up to strengthen their focus on shielding sensitive customer data and preserving trust, lifting compliance and operational costs. In the face of fierce competition, evolving regulations and shifting customer preferences, consolidation through M&As is poised to be a viable trend for survival and growth, especially among smaller financial institutions like credit unions. While rate cuts will challenge profitability within the sector, expansionary economic policies are poised to stimulate business and mortgage lending activity, presenting opportunities for strategic growth in a dynamic market. These trends are why Finance subdivision revenue is forecast to rise by an annualised 1.1% over the five years through the end of 2029-30, to $554.9 billion

Graph and download economic data for Financial Market: Share Prices for Australia (SPASTT01AUM661N) from Jan 1958 to Jun 2025 about Australia and stock market.

The Money Market Dealers industry’s performance has taken a hit in recent years. Overall turnover volume has plunged, thanks to the Term Funding Facility (TFF) introduced by the RBA in March 2020. The TFF provided authorised deposit-taking institutions (ADIs) with low-cost fixed-rate funding for up to three years. ADIs have been opting for longer term options over short-term debt securities because of this funding, which has dampened industry performance. Revenue is expected to collapse at an annualised 17.0% to $2.7 billion over the five years through 2023-24, and profit margins are also set to contract. This trend includes an estimated revenue increase of 5.4% in 2023-24, since demand is expected to gradually recover as funding from the TFF matures. Uncertain global economic conditions due to events like the COVID-19 pandemic, the Russia-Ukraine conflict and contractionary policies to combat inflation have constrained the growth of Australia's economy. The Federal Government has been issuing more long-term debt securities than short-term debt securities to cover budget shortfalls, which has meant that there’s been less demand for money market dealers' services. Governments have also been seeking to stimulate the economy through government debt securities, boosting this segment's share of revenue. Revenue is projected to lift at an annualised 7.6% to $3.9 billion over the five years through 2028-29, as the industry begins to recover from pandemic-induced shifts in the economic landscape. The TFF is on track to conclude in mid-2024, after which there’ll likely be a shift back towards short-term debt securities, since its longer term low-cost funding will no longer be available. This, combined with gradual rate cuts, is set to support money market dealers' performance. Nevertheless, come companies’ apprehension towards short-term debt is poised to serve as a counterweight to revenue recovery. However, as general economic conditions recover, demand is set to ramp up and restore some stability to industry turnover.

Australia Assets: Stock: Money Market Financial Investment Funds: One Name Paper Issued by: Banks data was reported at 13,901.000 AUD mn in Dec 2024. This records a decrease from the previous number of 16,212.000 AUD mn for Sep 2024. Australia Assets: Stock: Money Market Financial Investment Funds: One Name Paper Issued by: Banks data is updated quarterly, averaging 16,731.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 39,522.000 AUD mn in Sep 2008 and a record low of 122.000 AUD mn in Jun 1988. Australia Assets: Stock: Money Market Financial Investment Funds: One Name Paper Issued by: Banks data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.

The Australia financial services market reached USD 12581.00 Billion in 2024. The market is expected to grow at a CAGR of 6.03% between 2025 and 2034, reaching USD 22594.50 Billion by 2034.

Graph and download economic data for Financial Market: Share Prices for Australia (SPASTT01AUQ661N) from Q1 1958 to Q2 2025 about Australia and stock market.

The Australian Fintech market, valued at $4.11 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.32% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing adoption of smartphones and internet penetration across Australia has created a fertile ground for digital financial services. Furthermore, a young and tech-savvy population readily embraces innovative payment solutions, investment platforms, and lending options offered by Fintech companies. Government initiatives promoting digitalization and financial inclusion are also contributing to market growth. Strong competition among established players like Afterpay Touch, Judo Bank, and Wise, alongside the emergence of numerous startups, fosters innovation and drives down costs for consumers. However, regulatory hurdles, data security concerns, and the need for robust cybersecurity measures pose challenges to the market's continued expansion. The market is segmented into various service propositions, including money transfer and payments (the largest segment, likely driven by Afterpay and similar services), savings and investments (growing due to increased accessibility through apps), digital lending and lending marketplaces (facilitated by companies like Athena Mortgage), online insurance and insurance marketplaces, and other niche services. The competitive landscape is dynamic, with both established financial institutions and disruptive Fintech firms vying for market share. Future growth will likely be driven by further integration of open banking technologies, personalized financial management tools, and advancements in artificial intelligence and machine learning within financial services. The projected market size for 2033 can be estimated based on the provided CAGR. Using a compound interest calculation, the market is expected to exceed $11 billion by 2033. This signifies a significant opportunity for both established players and new entrants. However, sustained growth necessitates a focus on addressing regulatory challenges, enhancing cybersecurity infrastructure, and maintaining consumer trust. The continued adoption of innovative technologies and the expansion of financial literacy programs will further contribute to shaping the future of the Australian Fintech landscape. This comprehensive report provides an in-depth analysis of the burgeoning Australia Fintech market, covering the period 2019-2033. With a base year of 2025 and an estimated year of 2025, this report offers invaluable insights into market trends, growth drivers, challenges, and key players shaping the future of financial technology in Australia. The report utilizes data from the historical period (2019-2024) and forecasts market performance until 2033, presenting a robust understanding of this dynamic sector valued in the billions. Key Search Terms: Australia Fintech Market, Australian Fintech, Fintech Australia, Digital Lending Australia, Online Payments Australia, Fintech Investment Australia, Australian Fintech Regulations, Fintech Market Size Australia, Fintech Trends Australia Recent developments include: March 2023: Financial platform Airwallex secured a payment business license in China, following the successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company., February 2023: Fintech Zeller took on the big four banks to offer financial services to the small business sector, launching a new transaction account, debit card, and app.. Notable trends are: Digital ID Framework Witnessing Growth in Australia Fintech Market.

Australia Assets: Stock: Money Market Financial Investment Funds: Holdings of Bills of Exchange Accepted by: Banks data was reported at 88.000 AUD mn in Dec 2024. This records a decrease from the previous number of 93.000 AUD mn for Sep 2024. Australia Assets: Stock: Money Market Financial Investment Funds: Holdings of Bills of Exchange Accepted by: Banks data is updated quarterly, averaging 4,034.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 13,168.000 AUD mn in Sep 2006 and a record low of 68.000 AUD mn in Mar 2022. Australia Assets: Stock: Money Market Financial Investment Funds: Holdings of Bills of Exchange Accepted by: Banks data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for Australia (CCRETT01AUA661N) from 1972 to 2024 about Australia, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

The Custody, Trustee and Stock Exchange Services has experienced dynamic shifts driven by globalisation, digital revolution and market volatility over the past few years. Although the number of stock market trades has climbed, investors and superannuation funds have gravitated towards international markets to diversify their portfolios over the past few years, slowing revenue growth for domestic stock exchanges and share registry services. Despite the trend, Guzman and Gomez's recent IPO, the largest on the ASX in three years - could signal a potential revival in domestic stock exchange interest. Competition within the industry has heightened over the past few years. The payment space has experienced fierce competition, but the growing digital payments and online shopping segments have propelled credit card usage. Despite the booming popularity of alternative payment methods like buy now pay later (BNPL), credit card providers have boosted their appeal through attractive loyalty and reward programs, spurring industry growth. The inherently volatile financial markets and consumer sentiment heavily influence services like stock exchanges share registries and credit card administration. Incidents like the pandemic have adversely impacted service providers' performance in the two years through 2020-21. However, despite market fluctuations, the industry's wide range of services has helped moderate revenue volatility. Therefore, revenue has risen at an annualised 0.7% to $13.0 billion over the five years through 2024-25, including a revenue uptick of 0.5% in the current year. The industry is on track to recover over the next few years. Consumer sentiment and business confidence are set to rise, encouraging more clients to seek out custody, trustee and stock exchange services. Anticipated growth of the All Ordinaries Index, the value of funds under management (FUM) and superannuation funds' assets under management (AUM) will fuel industry expansion. However, digitalisation in the financial services sector will introduce new entrants, creating a challenging environment for traditional service providers and placing downward pressure on profitability. Revenue is forecast to rise at an annualised 1.9% to $14.3 billion over the five years through 2029-39.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for Australia (CCRETT01AUQ661N) from Q1 1972 to Q2 2025 about Australia, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

Australia Assets: Stock: Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data was reported at 165.000 AUD mn in Dec 2024. This records a decrease from the previous number of 243.000 AUD mn for Sep 2024. Australia Assets: Stock: Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data is updated quarterly, averaging 368.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 1,856.000 AUD mn in Mar 2017 and a record low of 0.000 AUD mn in Dec 2003. Australia Assets: Stock: Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.

Australia Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Rest of World data was reported at 59,040.000 AUD mn in Dec 2024. This records a decrease from the previous number of 60,882.000 AUD mn for Sep 2024. Australia Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Rest of World data is updated quarterly, averaging 35,567.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 71,105.000 AUD mn in Dec 2019 and a record low of 41.000 AUD mn in Sep 1988. Australia Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Rest of World data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB030: SNA08: SESCA08: Funds by Sector: Financial Corporations: Non Money Market Financial Investment Funds: Stock.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Australia (CCRETT02AUQ661N) from Q1 1970 to Q2 2025 about unit labor cost, Australia, exchange rate, currency, manufacturing, real, and rate.

Australia Assets: Stock: Money Market Financial Investment Funds: Deposits Accepted by: Banks data was reported at 14,030.000 AUD mn in Dec 2024. This records an increase from the previous number of 13,166.000 AUD mn for Sep 2024. Australia Assets: Stock: Money Market Financial Investment Funds: Deposits Accepted by: Banks data is updated quarterly, averaging 6,774.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 14,243.000 AUD mn in Jun 2020 and a record low of 649.000 AUD mn in Mar 1994. Australia Assets: Stock: Money Market Financial Investment Funds: Deposits Accepted by: Banks data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.

Liabilities: Stock: Non Money Market Financial Investment Funds: One Name Paper Issued in Australia: Other Financial Corporations data was reported at 0.000 AUD mn in Sep 2016. This stayed constant from the previous number of 0.000 AUD mn for Jun 2016. Liabilities: Stock: Non Money Market Financial Investment Funds: One Name Paper Issued in Australia: Other Financial Corporations data is updated quarterly, averaging 0.000 AUD mn from Jun 1988 (Median) to Sep 2016, with 114 observations. The data reached an all-time high of 0.000 AUD mn in Sep 2016 and a record low of 0.000 AUD mn in Sep 2016. Liabilities: Stock: Non Money Market Financial Investment Funds: One Name Paper Issued in Australia: Other Financial Corporations data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB030: SNA08: SESCA08: Funds by Sector: Financial Corporations: Non Money Market Financial Investment Funds: Stock.

In Australia Anti Money Laundering Market is projected to grow from USD 4.72 billion in 2025 to USD 9.88 billion by 2031, at a CAGR of 12.8%

Australia Liabilities: Stock: Money Market Financial Investment Funds: Unlisted Shares & Other Equity: Non Money Market Financial Investment Funds data was reported at 704.000 AUD mn in Dec 2024. This records an increase from the previous number of 670.000 AUD mn for Sep 2024. Australia Liabilities: Stock: Money Market Financial Investment Funds: Unlisted Shares & Other Equity: Non Money Market Financial Investment Funds data is updated quarterly, averaging 1,306.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 7,183.000 AUD mn in Jun 2007 and a record low of 539.000 AUD mn in Dec 2022. Australia Liabilities: Stock: Money Market Financial Investment Funds: Unlisted Shares & Other Equity: Non Money Market Financial Investment Funds data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.

Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data was reported at 60,716.000 AUD mn in Dec 2024. This records an increase from the previous number of 58,658.000 AUD mn for Sep 2024. Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data is updated quarterly, averaging 6,084.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 61,630.000 AUD mn in Mar 2024 and a record low of 23.000 AUD mn in Dec 1988. Assets: Stock: Non Money Market Financial Investment Funds: Bonds, etc. Issued by: Banks data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB030: SNA08: SESCA08: Funds by Sector: Financial Corporations: Non Money Market Financial Investment Funds: Stock.

Australia Liabilities: Stock: Money Market Financial Investment Funds data was reported at 30,657.000 AUD mn in Dec 2024. This records a decrease from the previous number of 32,148.000 AUD mn for Sep 2024. Australia Liabilities: Stock: Money Market Financial Investment Funds data is updated quarterly, averaging 34,380.000 AUD mn from Jun 1988 (Median) to Dec 2024, with 147 observations. The data reached an all-time high of 62,816.000 AUD mn in Jun 2008 and a record low of 6,850.000 AUD mn in Jun 1988. Australia Liabilities: Stock: Money Market Financial Investment Funds data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.AB028: SNA08: SESCA08: Funds by Sector: Financial Corporations: Money Market Financial Investment Funds: Stock.