Australia sits at an interesting intersection in global finance — a developed economy with deep capital markets, significant natural resource activity, and growing connectivity to Asian investment flows. Sydney and Melbourne together form the backbone of the country's banking industry, hosting the domestic operations of global institutions alongside a strong cohort of local firms. This is not a guide about breaking in — it is a guide about what you are committing to. The career structure, the deal landscape, the culture of Australian investment banking, and the roles that define the profession from entry level to senior leadership. For anyone mapping this career in Australia, this is the right place to start.