14 July 2023
Attributable to Australian Banking Association Deputy CEO Vanessa Beggs:
“The ABA welcomes the appointment of Michele Bullock as the new Reserve Bank of Australia (RBA) Governor.
The ABA acknowledges RBA Governor Philip Lowe’s leadership of the central bank during one of Australia’s most turbulent periods, the COVID-19 pandemic.
We wish Governor Lowe the best for the future.
Ms Bullock takes on this important role as the RBA continues to address the nation’s inflation challenge and enters a period of change in implementing the recommendations from the Governments Review of the Reserve Bank of Australia.”
Latest news
The Australian Banking Association (ABA) has released an updated industry guideline setting out best practice for banks when assisting customers experiencing financial difficulty. The updated guideline reflects the industry’s ongoing commitment to support customers when they need it most. ABA CEO Anna Bligh said this guideline builds on the existing obligations as well as the… Read more »
ABA CEO Anna Bligh: Well, here we are on the front line of the fight against scams. This is one of Australia’s largest banks, and the team of people here talking with customers, trying to protect customers and fight against scammers. Today, here we are launching a new piece of technology called Confirmation of Payee…. Read more »
Australian banks have today unveiled their latest scam fighting technology, with the launch of Confirmation of Payee – a new name-matching service designed to help protect customers from being tricked into sending money to criminals. Banks have invested $100 million in this new technology which is a key initiative of the sector’s Scam-Safe Accord –… Read more »