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Top Finance Companies in Australia

The Consumer finance basically means any kind of lending to the consumers. The finance companies are more extensive in the developed nations of the world and United States in particular. The major financial companies in these developed nations are willing to lend money to the people with marginal credit ratings. The top financial companies in Australia provide a wide range of financial services to all the sectors of the economy like funds management, and insurance services.

The top financial institutions in Australia are divided into three categories: The authorized deposit taking institutions like the banks, building societies and credit unions; the non-ADI financial institutions like money market corporations, finance companies and securities and Insurers and Funds managers like cash management trusts, common funds, general insurance companies etc.

The Top 20 Financial Companies in Australia are J N K Pty Ltd in Milperra, New South Wales; C M S Corporate Pty Ltd , Adelaide, South Australia; Taylors Enterprises Pty Ltd , Petersham, New South Wales; T & S Enterprises (Nsw) Pty Limited , Penrith, New South Wales; Franley Nominees Pty Ltd , Woolloomooloo, New South Wales; H & R Holdings Pty Ltd , Alexandria, New South Wales; Rexel Australia Superannuation Pty Limited , Macquarie Park, New South Wales; International Accident & Health Pty Ltd , Humbug Scrub, South Australia; Wood Park Pty Ltd , Bayview, New South Wales; Moramba Holdings Pty Ltd , Mosman, New South Wales; R P Research Pty Ltd , Wetherill Park, New South Wales; Westphal Holdings Pty Ltd , Brisbane, Queensland; Amtraco Pty Ltd , Seaforth, New South Wales; Triangle Travel (Aust) Pty Ltd , Port Melbourne, Victoria; Sr Hotel Holdings (Aust) Pty Limited , Sydney, New South Wales; Www E-Business Pty Limited , St Leonards, New South Wales; Zig Inge Retirement Villages Ltd , Deepdene, Victoria; Alinta Ea Pty Ltd , Perth, Western Australia; Stellar Group Holdings Pty Ltd , Sydney, New South Wales; Landi Finance Pty Ltd , Wyoming, New South Wales.

The main characteristics of the top financial companies in Australia are they accepts deposits from the various building societies or households and use them in lending money and provide loans and private services. The mutually owned financial institutions provide loans and payment of services to members. Some of the financial institutions operate primarily in wholesale markets borrowing from households and lending to medium or small sized business.

The top finance companies in Australia raise funds from wholesale markets and use them to lend money to the government and large corporations. The Australian insurance companies also are considered as financial institutions. They provide securities for life, disability and accidents. The institutions with total assets of $50 million are not included.

The American financial institutions in Australia are Bank of America, American Express in New South Wales, Citibank, Bankers Trust Company, American Express in Queensland and Victoria, Bank of New York, Western Union and others.

The Australian financial services sector is beginning to grab the commercial implications of sustainability issues. Four Australian organizations, Westpac Banking Corporation, National Australia Bank, QBE Insurance Group Ltd and Insurance Australia Group, are party to the United Nations Environment Programme Financial Institutions Initiative (UNEP FI) that aims to promote environmental performance within financial institution operations.

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