Building on the CMT 1 photometric database presented in Paper I, in this paper we derive the large-scale properties of the globular cluster system (GCS) in NGC 5128, the nearest giant elliptical and the dominant galaxy in the Centaurus group. In global terms, it has a smaller total population than previously thought: we estimate 980 AE 120 clusters over all magnitudes, yielding a specific frequency S N ¼ 1:4 AE 0:2, with a steep projected radial distribution $ r À2 . The luminosity distribution of the clusters resembles that of an old, normal GC luminosity function (Gaussian-like with peak at M V ' À7:4 and dispersion of '1.3 mag), but these parameters are unfortunately quite uncertain because of the system's low population and the heavy field contamination. Using the metallicity-sensitive C À T 1 color index, we discuss the metallicity distribution function (MDF) for a subsample of 211 previously identified clusters, all on a homogeneous photometric system. We find the MDF to be strongly bimodal, with metallicity peaks at ½Fe=H ¼ À1:55 and À0.55 and with nearly equal numbers of clusters in each of the metal-poor and metal-rich modes. The combined evidence from the system's low specific frequency, the MDF, and the isophotal shell features in the halo light make a ''major merger'' a plausible model for the formation history of this giant E galaxy. However, the progenitor galaxies must have been more gas-rich than in any present-day mergers or starbursts. Finally, we present a list of 327 new cluster candidates not identified in any previous surveys; most of these are in the less well studied bulge region of the galaxy and along the minor axis.