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Latest submissions

The Australian Banking Association provides submissions to Governments, regulators and other organisations about issues affecting the banking and financial services industry.

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BEAR Regime - Size of an ADI - Draft Legislative Instrument
20 Apr 2018
The ABA recommends that the draft legislative instrument be amended so that a ‘small ADI’ would be defined as having less than or equal to $30 billion total resident assets rather than the current definition of having less than or equal to $10 billion total resident assets (on a three-year average).
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Competition in the Australian Financial System
29 Mar 2018
Australian banks will continue to support evidence-based regulatory change that encourages competition and innovation while ensuring stability through the economic cycle. ABA members support many of the draft recommendations in the Productivity Commission’s draft report into Competition in the Australian Financial System.
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ABA Response to the Farrell Report into Open Banking
26 Mar 2018
Australia’s banks are committed to the success of open data which, if delivered properly, can empower customers to use their data from across the economy to make the best choices for their circumstances and preferences.
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Submission to the Banking, Super & Fin Services Royal Commission
9 Mar 2018
In recent years there have been a number of instances where banks have failed to meet the expectations of their customers and of the community.
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Australian Banking Association submission on Mandatory Comprehensive Credit Reporting
23 Feb 2018
The ABA has commented on the exposure draft legislation to mandate a comprehensive credit reporting regime.

What’s new

A sensible path forward for Open Banking
10 May 2018
Open Banking will allow customers, at their request, to share their personal information with other financial institutions to allow them to find a better deal on expenses such as electricity bills, telecommunications and other items.
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ABA blog

Customers at centre of mortgage industry overhaul
Christine Cupitt, Executive Director - Policy, Australian Banking Association
Read more 1 Feb 2018

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