Internet Banking in Australia

3 Pages Posted: 4 Apr 1998

See all articles by Milind Sathye

Milind Sathye

University of Canberra - School of Accounting, Banking and Finance; University of Canberra - School of Business and Government

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Abstract

The article reviews the present status of Internet Banking in Australia. It begins with the findings of the Wallis Committee on Internet Banking and then examines the present status with respect to the banks on the net, the services they provide, difficulties the customers face and remedial actions necessary on the part of banks. The article concludes with the observations that Australian banks are lagging behind their counterparts in US, Europe and Japan in providing banking services on the Internet and calls for serious effort by banks, computer specialists, academicians and others to popularize this upcoming area if banking is not to look medieval in Australia when compared to World standards.

JEL Classification: G21

Suggested Citation

Sathye, Milind, Internet Banking in Australia. Available at SSRN: https://ssrn.com/abstract=38222 or http://dx.doi.org/10.2139/ssrn.38222

Milind Sathye (Contact Author)

University of Canberra - School of Accounting, Banking and Finance ( email )

Canberra, Australian Capital Territory 2601
Australia

University of Canberra - School of Business and Government

Canberra, ACT 2601
Australia

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