COVID suport: phase two
6 October 2020
This year’s federal budget will help Australia recover from the economic impact of COVID‑19 and create jobs as the nation recovers.
The Australian Banking Association has welcomed the strong focus on support for small and medium businesses and direct assistance to families.
“Australian banks stand ready to continue their role helping millions of Australians through 2020”, said Australian Banking Association Chief Executive Anna Bligh.
“This budget is a key milestone as we shift from emergency to recovery, from triage to rehabilitation.”
Australia’s banks are assisting hundreds of thousands of families and small businesses, through the deferral of loan repayments.
Australian banks stand ready to continue their role helping millions of Australians through 2020.
ABA CEO Anna Bligh
“Government support for small business is vital. Allowing businesses to fully expense investments will provide a much-needed shot in the arm.”
“This budget has the right focus on creating jobs and will help chart Australia’s road to recovery”, Ms Bligh said.
The Australian Banking Association will continue to partner with government in the interest of all Australians.
A new digital economy
Latest news
Transcript
Transcript: Simon Birmingham joint press conference with the Treasurer and industry leaders
Read more
1 April 2026
Jim Chalmers: Thanks for joining us. I’m here with the Small Business Minister, Anne Aly, Bran Black, the head of the BCA, Skye Cappuccio from COSBOA, Simon Birmingham, from the ABA as well. We’ve got a bit to run through today to give you a sense of the work that we are doing together. But… Read more »
Transcript
ABA CEO Simon Birmingham transcript of interview on Sky News with Laura Jayes
Read more
1 April 2026
E&OETV InterviewSky News Afternoon Agenda1 April 2026. Topics: hardship support from banks; RBA decision on surcharging and interchange. Laura Jayes: I want to bring it back to the situation we find ourselves in economically now. A lot of you are hurting. Petrol prices are pushing up really the cost of everything. Joining me now is… Read more »
Media Releases
Banks step up support in face of fuel supply uncertainty
Read more
1 April 2026
Australian banks are stepping up to help customers struggling with loan repayments and higher cost of living challenges. ABA CEO Simon Birmingham said banks stand ready with practical support measures to help customers and businesses get through this tough time. “Banks know many of their customers are making tough financial decisions right now as… Read more »