Bank staff expenses as a share of total costs reached 53.2% in third quarter of 2021 in Australia, according to the National Central Bank. This is 1.97% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Australia reached an all time high of 60.0% in 3Q2016 and an all time low of 40.9% in 4Q2008.
Australia has been ranked 8th within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.
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