Found this"
"As a guide, it could take APRA from three to 18 months to assess an application. The timetaken to grant a Restricted ADI licence is likely to be faster than the time for an ADI licence,reflecting the proportionately shorter application requirements. However, it is not expectedthat the total time to obtain a full ADI licence would be quicker for ADIs applying under therestricted route."
Also some great info about the framework in general.
Cheers
Ann: Lodgement of Restricted Bank Licence application, page-4
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