ABA

Australian Banking Association

ABS

Australian Bureau of Statistics

ACCC

Australian Competition and Consumer Commission

AFCA

Australian Financial Complaints Authority

AFCX

Australian Financial Crimes Exchange

AML

Anti-Money Laundering

ANZ

Australia and New Zealand Banking Group

AOFM

Australian Office of Financial Management

APRA

Australian Prudential Regulation Authority

ASIC

Australian Securities and Investments Commission

ATO

Australian Taxation Office

BIN

Bank Identification Number

CBA

Commonwealth Bank of Australia

CEO

Chief Executive Officer

EFTPOS

Electronic Funds Transfer at Point of Sale

FRX

Fraud Reporting Exchange

GDP

Gross domestic product

GFC

Global Financial Crisis

Hayne Royal Commission

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

HECS

Higher Education Contribution Scheme

HELP

Higher Education Loan Program

House Economics Committee

House of Representatives Standing Committee on Economics

IT

Information technology

LCR

Least-cost routing

LVR

Loan-to-value ratio

NAB

National Australia Bank

OECD

Organisation for Economic Co-operation and Development

Sedgwick Review

Independent Review into Retail Banking Remuneration

SMEs

Small- and medium-sized enterprises

SMS

Short Message Service

RBA

Reserve Bank of Australia

UK

United Kingdom