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Media releases
The Australian Banking Association is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.
- Help on offer for drought affected farmers
- 9 July 2018: Farmers affected by the worsening drought crisis in NSW and Queensland are being urged to contact their bank to access assistance on offer which can include deferred loan payments, waiving fees and restructuring loans. The drought assistance has been readily available during the drought, already helping many customers.
- Cash payment limit will help stamp out black economy
- 5 July 2018: Australia’s banks have today backed the Federal Government’s move to limit cash payments to $10,000 to tackle the ‘black economy’, however have highlighted the need for any reform to be implemented carefully.
- Statement from Anna Bligh, CEO
- 4 July 2018: Australians use credit cards for a wide range of reasons, from paying for that overseas holiday to helping spread out payments and reduce financial stress when several bills come in at once.
- Statement from Chairman Shayne Elliott
- 29 June 2018: Today the Australian Banking Association has elected David Carter, CEO of Suncorp as new Deputy Chair to replace the retiring Mike Hirst.
- Hardship customers protected in new credit regime
- 29 June 2018: Australia’s four major banks have reached an agreement to protect vulnerable customers from being unfairly treated in the new mandatory Comprehensive Credit Regime.
- South Australian unit an example of what needs to be done
- 20 June 2018: The South Australian Government’s introduction into parliament today of a bill to establish an Adult Safeguarding Unit delivers on a key change campaigned for by Australia’s banks and senior’s groups to establish a body to make good faith reports of suspected elder financial abuse that can then be investigated.
- Call to action to help tackle Elder Financial Abuse
- 18 June 2018: Australians can now get on board the drive for change to tackle Elder Financial Abuse in a new campaign launched today by the Australian Banking Association, National Seniors, the Council on the Ageing, the Older Persons Advocacy Network and the Finance Sector Union.
- Step in the right direction, but more to be done
- 8 June 2018: Today’s agreement by the nation’s top lawmakers to identify options to standardise Power of Attorney orders across the country is a significant step in tackling the issue of elder financial abuse however there remains more work to be done.
- Time for action on Elder Financial Abuse
- 7 June 2018: The banking industry, along with COTA Australia and National Seniors, are calling on all the nation’s Attorneys General to agree their COAG meeting tomorrow to key changes which will empower bank staff to help detect and prevent elder financial abuse.
- Australians warned to beware of phone scams
- 25 May 2018: Australians are urged to be on guard against unscrupulous, unsolicited callers, claiming to represent the Australian Banking Association and asking for bank details to issue a ‘refund’, survey customer satisfaction or record banking history.
What’s new
- Landmark reform package
11 Dec 2017 - Read the full landmark reform package that will improve consumer outcomes and confidence in mortgage broking, prepared by the Combined Industry Forum.
Read more
ABA blog
- Customers at centre of mortgage industry overhaul
- Christine Cupitt, Executive Director - Policy, Australian Banking Association
Read more 1 Feb 2018
