K Financial and Insurance Services
Division-level ANZSIC page with linked subdivisions, groups and classes. Use it to understand the broad family of activity before you drill down to a tighter code.
Browse the next layer
Subdivisions in Financial and Insurance Services
Start with the subdivision that best matches the business family, then keep narrowing until you reach the class page that carries the final four-digit code.
Subdivisions
What this division covers
ANZSIC division K groups a broad set of related industries under a single top-level heading. The main value here is orientation: it tells you which part of the economy the activity belongs to before you read the tighter subdivision and group pages.
Businesses often use this level when they are comparing multiple activities, checking a report category or trying to understand whether a class page has been chosen from the right industrial family.
Division facts
- Subdivisions
- 3
- Groups
- 9
- Classes
- 14
Class-level snapshots
Example classes inside Financial and Insurance Services
Division pages are still broad, so this section surfaces real class-level definitions from the ABS-derived dataset. Open the subdivision if you want the full list for that branch.
Central Banking
This class consists of units mainly engaged in formulating monetary policy and performing central banking functions, such as issuing currency, managing the nation's money supply and foreign reserves, holding deposits that represent the reserves of other banks, and acting as fiscal agent for governments.
Banking
This class consists of units mainly engaged in operating banks (except merchant banks).
Building Society Operation
This class consists of units mainly engaged in operating building societies which accept deposits and provide specialised financing for home building or purchasing purposes.
Credit Union Operation
This class consists of units mainly engaged in operating credit unions which accept members’ share deposits and provide loans to their members for various purposes.
Subdivision 63
Insurance and Superannuation Funds
Showing 4 sample class pages from this subdivision.
Life Insurance
This class consists of units mainly engaged in providing life insurance and life reinsurance covers.
Health Insurance
This class consists of units mainly engaged in providing insurance cover for hospital, medical, dental, pharmaceutical or funeral expenses or costs.
General Insurance
This class consists of units mainly engaged in providing general insurance cover (except life and health insurance).
Superannuation Funds
This class consists of units of separately constituted funds mainly engaged in providing retirement benefits.
Subdivision 64
Auxiliary Finance and Insurance Services
Showing 3 sample class pages from this subdivision.
Financial Asset Broking Services
This class consists of units mainly engaged in trading in stocks, shares or other financial assets on behalf of others, or in underwriting financial asset issues.
Other Auxiliary Finance and Investment Services
This class consists of units mainly engaged in providing nominee, trustee, investment management or advisory services, arranging home loans for others, or other auxiliary finance or investment services not elsewhere classified.
Auxiliary Insurance Services
This class consists of units mainly engaged in providing insurance broking or agency services, or other services to insurance such as consultant, claim assessment or adjustment services.
Frequently asked questions
What does ANZSIC division K cover?
Financial and Insurance Services is the broadest grouping on this page. It gathers related industries into one top-level family before they are split into subdivisions, groups and classes.
When would I use this division page?
Use it when you need orientation rather than the final four-digit code. It is helpful for browsing, cross-checking and understanding where a business area sits in the hierarchy.
How is this different from a class page?
A division page tells you the broad industry family. A class page gives the exact code used in reporting, tax and other operational forms.
How to use this page
If the activity description still looks broad, step down to the subdivision page. If you know the family but not the final code, use the child links here to narrow the match before you confirm on a class page.
This level is also useful when a business runs more than one activity. It gives you the broad industrial context before the coding decision is made further down the hierarchy.
Source and trust
- Official source
- ABS ANZSIC 2006 release
- Last reviewed
- 2026-04-17
This site is an independent reference resource. It is not affiliated with, endorsed by, or connected to the ABS, ATO or any Australian Government agency.
Please verify critical classification decisions with the official authority before using them for tax, payroll, licensing, immigration or compliance work.