Sarah places her money in an 18-month term deposit

with the Commonwealth Bank, which then uses these funds to issue longer-term

business loans for growth initiatives

ANZ manages its assets by investing in short-term

instruments and government bonds to maintain liquidity for withdrawals and

other financial commitments

The risk faced by depositors is confined to the bank

as the financial intermediary, rather than the end borrower

Westpac provides a broad selection of savings,

lending, and investment products tailored to suit different customer

requirements