2 November 2022
The Australian Banking Association (ABA) and the Australian Financial Markets Association (AFMA) have commenced exploring ways to collaborate in the interest of our respective members.
These discussions may cover opportunities for collective stakeholder advocacy and initiatives which benefit our respective members.
At this stage, these discussions are preliminary. The ABA and AFMA will continue to keep members up to date on progress or any related proposals.
For further information: ABA Media – [email protected]
Latest news
This op-ed was originally published in the Australian Financial Review More rates pain denotes an even greater focus on the fight against inflation. Rightly so. As the Reserve Bank pulls harder on the monetary policy lever to reduce aggregate demand, a proper focus also falls on the role of all governments to do likewise through… Read more »
Banks welcome Treasurer Jim Chalmers’ release today of draft regulations to lift the cap on covered bond issuance, a practical step that would help small and mid-tier banks access cheaper, more stable funding. ABA CEO Simon Birmingham said these changes, including streamlined reporting for smaller banks, are a welcome part of the Government’s broader productivity… Read more »
Banks have welcomed Shadow Treasurer Tim Wilson’s call today for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) to give more weight to economic growth in their decision making. ABA CEO Simon Birmingham said regulation that supports growth is key to lifting productivity across the economy. “Banks want to… Read more »