Which of the following is not an element of the Australian capital market?
A)The ASX
B)The Commonwealth Government
C)News Corporation
D)The 'big four' banks

Question

Quizplus · Accepted Answer

News Corporation is not an element of the Australian capital market as it is a global media conglomerate founded and headquartered in the United States, with holdings and operations around the world. The other options - the ASX (Australian Securities Exchange), the Commonwealth Government, and the 'big four' banks (Commonwealth Bank, Westpac, ANZ, and National Australia Bank) - all have a significant presence and influence in the Australian capital market.

Which of the Following Is Not an Element of the Australian