New technologies and their employment effects in the Australian banking sector

The introduction of new technologies into the Australian Banking Sector in the 1990s initiated numerous changes to employment arrangements in the Australian Banking industry. This conference paper examined a number of case studies of examples of new banking technologies and their employment effects. The paper identified two functional types of new banking technologies: those that assisted the centralisation of banking operations and; those that assisted the decentralisation of banking operations. Based on this analysis, the paper discussed the potential effects on employment structures in the Australian banking sector.