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Discuss how financial markets in Australia are regulated.
Financial markets today play a significant role in the Australia economy. Financial market is a place where various financial instruments such as securities and bonds are traded. Like other traditional markets, financial markets provide a place for people who have excess funds and people who have the need for these funds to meet and trade. Exchange of funds is done through financial intermediaries. Financial intermediaries are firms that receive the accumulated funds of individuals or firms, which can then be lent out to other firms or individuals who can make use of them. Such financial i…
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