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News & Resources

The Australian Banking Association (ABA) is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.

The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.

For media inquiries contact media@ausbanking.org.au or 0475 741 007.


COVID-19 Banking Timeline

see what’s happened in the Australian banking sector


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Media Releases
Options for customers if a branch temporarily closes due to COVID-19
6 April 2020

Australia’s banks remain open for business throughout the COVID-19 pandemic with call centres, online support and branches available to service customers. There will be circumstances when a local branch may need to close temporarily and this is happening already. This may be as a result of: a significant drop off in traffic to the branch… Read more »

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Media Releases
A COVID-19 mortgage deferral won’t affect your credit rating
6 April 2020

If a customer is granted a deferral on their mortgage and other credit products because of COVID-19, banks will report customers as not having missed a repayment.

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Media Releases
Banks ready to support JobKeeper program
5 April 2020

Businesses may be able to use their upcoming JobKeeper payment to seek credit so they can pay employees until the scheme is up and running.

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Media Releases
Banks to help commercial landlords who help tenants through COVID19
30 March 2020

Commercial landlords can get debt relief from their bank, if they don’t terminate leases or evict current tenants for rent arrears due to COVID19.

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COVID-19 ABA Special Newsletter
23 March 2020

Australian Banking Association CEO Anna Bligh announced a small business relief package from Australia’s banks on Friday the 20th of March.

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Media Releases
Second stimulus package will help support small business
22 March 2020

Today’s announcement by the Federal Government of a second stimulus package, which includes an SME Guarantee Scheme and direct cash grants, will help keep businesses open and save jobs, building on the measures already announced by banks on Friday.   The SME Guarantee Scheme which allows for further funds to be injected into small business will… Read more »

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Media Releases
Banks announce Small Business Relief Package
20 March 2020

Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months.

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Media Releases
Economic stimulus package will help keep economy strong
12 March 2020

Bank response to coronavirus stimulus package: “Australia’s banks are strong, stable and open for business, including for any company wanting to take advantage of initiatives in the Government’s stimulus package.”

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Media Releases
Banks are ready to face coronavirus challenge
11 March 2020

Any business financially impacted by the effects of COVID-19 should contact their bank

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March 2020 ABA Monthly News
29 February 2020

March 1 marked the official implementation date of a new Banking Code of Practice, when the changes recommended by Commissioner Hayne in his Final Report come into effect.

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Media Releases
Royal Commission changes to Banking Code go live tomorrow
29 February 2020

Changes to the Banking Code of Practice as recommended by the Royal Commission will go live tomorrow.

““These changes to the Code are in addition to a number of actions already taken by banks as a direct result of the Royal Commission”, ABA CEO Anna Bligh.

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Media Releases
Illawarra customers protected by new rule book for banks
28 February 2020

The Australian Banking Association has today partnered with Illawarra Business Chamber to brief the local business community and stakeholders on the new Banking Code of Practice, the new Financing Your Small Business website and to hear firsthand from small businesses affected by the recent bushfires.

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Media Releases
Coronavirus Assistance Available
14 February 2020

Help on offer for small businesses financially affected by coronavirus   Australian small businesses financially impacted by the spread of the coronavirus are being urged to contact their bank to access assistance on offer which can include deferred loan payments, waiving fees and restructuring loans.    Australian Banking Association CEO Anna Bligh said any small business should not tough it out on their own… Read more »

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Media Releases
Ian Govey AM to chair Banking Code Compliance Committee
12 February 2020

“The BCCC plays a strategic function in monitoring the effectiveness of the new Banking Code of Practice and shaping good industry practice”

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Media Releases
South Australian customers protected by new rule book for banks
7 February 2020

In force since July 1 last year, the new ASIC-approved Banking Code of Practice contains a big step up in protections for customers.

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Media Releases
Royal Commission: One Year On
30 January 2020

“The industry knows there is still much work to be done to earn back the trust of the Australian people and will continue to remain focussed on this task”

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January 2020 ABA Monthly News
16 January 2020

Australian banks have hardship teams ready to assist farmers, homeowners, small business owners and volunteers with financial arrangements, depending on circumstances.

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Media Releases
Banks ready to help those affected by devastating bushfires
3 January 2020

Australians affected by the catastrophic bushfires across parts of Australia are encouraged to contact their bank to access a wide range of assistance available.

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Media Releases
Roundtable hears firsthand of worsening drought
19 December 2019

Senior bank representatives have today heard firsthand of worsening drought conditions from farmers affected at a roundtable convened by AgForce Queensland. The roundtable, held at the request of AgForce just outside Toowoomba in Nobby, brought together senior banking representatives responsible for agricultural lending as well as local farmers and community groups. CEO of the Australian… Read more »

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Media Releases
Royal Commission Code changes given the green light
17 December 2019

The Australian Securities and Investments Commission (ASIC) has given the final approval for a new version of the Banking Code of Practice 2019 that implements recommendations of the Royal Commission. The approval comes after the Australian Competition and Consumer Commission (ACCC) gave authorisation in November this year for the Royal Commission changes to the Code… Read more »

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