The search is on, for the bank/credit union/building society/whatever with the highest tier 1 capital ratio.
I spent a while poking around last night the best I could find was Credit Union Australia at ~15%.
Compared to say the big 4 banks sitting at 7-8%.
I also notice the share price for CUA is only $10! Pretty cheap, I will probably switch once my uni student fee exemption status on my commbank account expires!