Finally, it should be noted that because New Zealand has no domestic exchange-listed banks, the four large Australian banks also dominate the New Zealand banking industry.
Therefore, the Australian banking industry findings in this chapter, generally speaking, also hold for the New Zealand banking sector.
Erasmus School of Economics

Stork, P., & de Vries, C. (2009). The stability of the Australian banking sector. In The Banking Crisis Handbook (pp. 397–416). Retrieved from

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