In most countries regulators require financial intermediaries to hold a minimum level of cash reserves against their deposits.There is no such regulation in Australia.

Name: In most countries regulators require financial intermediaries to hold a minimum level of cash reserves against their deposits.There is no such regulation in Australia.
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In Australia, financial intermediaries are not required to hold a minimum level of cash reserves against their deposits.

In Most Countries Regulators Require Financial Intermediaries to Hold a Minimum