Bank staff expenses as a share of total costs reached 47.8% in 2020 in Australia, according to the National Central Bank. This is 2.16% less than in the previous year.
Historically, bank staff expenses as a share of total costs in Australia reached an all time high of 54.6% in 2016 and an all time low of 43.8% in 2008.
Australia has been ranked 24th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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