Multiple Choice
Which of the following statement about building societies in Australia is incorrect?
A) The main activities of building societies are to take in deposits and provide mortgage finance.
B) The largest building societies have tended to convert to regional banks in recent times.
C) Now currently the building society sector holds 2 per cent of the total assets of the Australian financial system.
D) Building societies are authorised deposit-taking institutions and supervised by APRA.
Correct Answer:
Verified
Correct Answer:
Verified
Q60: If a car manufacturer were to purchase
Q61: The superannuation fund that involves the amount
Q62: In Australia,listed property trusts dominate over the
Q63: The majority of securities owned by unlisted
Q64: In the context of a merger,the process
Q66: A defined benefit plan:<br>A) is always fully
Q67: In Australia there has been a substantial
Q68: When an investment bank helps a company
Q69: The function of a _ is to
Q70: A major difference between a whole-of-life insurance