Finance for Business: Understanding the Australian Financial Market

Finance for
Business

INTRODUCTION...........................................................................................................................2
MAIN BODY..................................................................................................................................2
PART 1............................................................................................................................................2
1.1 Compare three essential types of Australian Business..........................................................2
1.2 Analysis of five basic principles of finance...........................................................................3
PART 2............................................................................................................................................4
2.1 Fact finding of the trading on ASX.......................................................................................4
2.2 Fact finding of financial market regulator in Australia.........................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9
1

INTRODUCTION
Financing for business is the process of increasing money for business operations, buying
things, or making investments (Connolly and Bank, 2020). Financial institutions,
like commercial banks, are committed to providing liquidity to enterprises, customers and
investors to support them meet their aims. Financial markets usually refer to every market in
which shares are traded, along with the share market, the credit markets, the foreign exchange
market and the derivatives market and among many others. Financial markets become essential
for smooth functioning of capitalist systems. For the better understanding of this concept, this
report selects different Australian companies. This concept helps the Australian organization to
understand the importance of financial market and how it works. This assessment covers several
topics such as research and fact finding on Australian financial market and fact finding of
financial market trading practices and regulation in Australia.
MAIN BODY
PART 1
1.1 Compare three essential types of Australian Business
Basis BHP Group Wesfarmers Limited Woolworths Supermarkets
Owner Phillip Charly Walter Harper Woolworth
Level of difficulty High High High
Life the business Dual listed public
listed
Public Limited Limited liability
Liabilities of owners Limited liabilities Limited liabilities Limited liabilities
Legal status of business Company Conglomerate
Company
Subsidiary company
Level of difficulty in
mobilizing funds
Low Medium Medium
Level of difficulty in
business transfer
Medium Medium Medium
2