The Australian Banking Association (ABA) is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.
The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.
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COVID-19 Banking Timeline
see what’s happened in the Australian banking sector
“the Government has laid the foundations to put Australia on a solid footing, whilst continuing support for important initiatives.”
“More and more Australians are moving at a faster pace than they ever have to move their banking online. The bank branch of the future is the phone that you carry in your back pocket.”
“I’m confident our respective sectors will play our role in navigating our way through the current challenges and the extensive transformation underway”
“The message from banks is clear: don’t tough it out on your own, call your bank as soon as you are able to, they are ready to help.”
“This is a positive step to resolving the acute labour shortages we’re seeing in our economy.”
“Skilled migrants with advanced technical and digital skills can help drive productivity and contribute to upskilling our own workforce.”
“The summit will be a compelling conversation. However, the White Paper is likely to be the main game.”
“the earlier that people speak to their bank, the more likely it is that the bank can find a solution that will work and keep the customer out of financial strife.”
“Over the past eight years, Mr Byres has provided strong leadership… particularly through the very stormy economic waters of recent times.”
“these factsheets are just one tool in Australian banks’ toolkit of offerings to help customers to get back on track”
“We encourage customers to find out more about PayID and a good place to start is the website payid.com.au”
It will enable banks to withhold credit reporting information where reporting that information could lead to customer harm.
Anna Bligh spoke to ABC Radio North Coast on how banks can help those impacted by floods in the Lismore region.
The ABA has called upon Federal and State Australian governments to work together to combat the ongoing problem of elder financial abuse.
The working paper focuses on the construction and agriculture sectors and seeks to provide a point of reference for banks to operationalise modern slavery risk identification and management.
An average of $3.2 billion was lent to small business in the second half of 2021, up 24% from the $2.6 billion in the second half of 2020.
The nation’s banking sector will come together for the inaugural Australian Banking Association (ABA) conference on Friday, with a focus on economic recovery and Planning for Tomorrow. Reserve Bank Governor Philip Lowe will headline the conference with a keynote speech, while attendees will also hear from prominent industry leaders including Westpac CEO and ABA… Read more »
options to defer loan repayments for up to 3 months for those customers affected by the flood disasters
“it is absolutely the case that whether you’re a NAB customer or a customer of any other bank, you can pay your credit card in cash over the counter, either in the bank branch or at an Australia Post outlet”
“Our elderly Australians have worked hard over many years and deserve to live out their later years with dignity, respect and financial independence.”