On 25 June 2018 Member for Kennedy Bob Katter introduced the Banking System Reform (Separation of Banks) Bill 2018 into Australian Parliament. An Australian version of the 1933 U.S. Glass-Steagall Act to separate commercial and investment banking.

Here is a link to the text of the bill and explanatory memorandum, as tabled: http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;page=0;query=BillId%3Ar6136%20Recstruct%3Abillhome