1By student name ProfessorDate: 18 September, 2017.1 | P a g e
2Executive SummaryThe banks are one of the most important of any financial environment. In case of Australia, thebanking business is quite stable and sophisticated. From the first bank that was opened in theearly nineteenth century till that there has been lot of improvements in the banks and technologyhas played a major part in it. In this report we will analyze the past present and future of thebanking sector in Australia and what changes has taken place. Few recommendations will bestated that will help in the development of the present banks and make the system better andmore efficient.2 | P a g e
3Contents1.Introduction...........................................................................................42.Research.................................................................................................................53.Analysis...................................................................................................................64.Recommendations..........................................................................................................85.Conclusion ......................................................................................................................86.References...................................................................................................................... 93 | P a g e
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