The Australian government's direct ownership of banks ceased with the full privatisation of the Commonwealth Bank between 1991 and 1996. There was also increased competition from non-bank lenders, such as providers of securitised home loans. A category of authorised deposit-taking institution (ADI) was created for a corporation which is authorised under the "Banking Act 1959" to take deposits from customers. The change formalised the right of non-bank financial institutions – such as building societies and credit unions – to accept deposits from non-members.