19 June 2020
Banking activity during the coronavirus pandemic.
Between 14 May and 19 June the ABA published data on total deferrals member banks made to customers.
These figures represented the sum total of deferrals made at the time of each data publication, and does not account for deferrals which had been reversed at the customer request.
ABA’s data reporting has currently paused. APRA statistics now available.
Infographic
Infosheet: banking during lockdown Feb-Apr 2020
A summary of banking activity during the lockdown
Download PDFLatest news
The ABA has today announced that former ASIC Deputy Chair Peter Kell will undertake the five yearly independent review of the Banking Code of Practice, the rule book that sets standards of service for customers. The Code sets out consumer protections and safeguards that are in addition to the law for individuals, small business customers… Read more »
ABA welcomes today’s move by the Reserve Bank of Australia to designate Armaguard under the recently legislated Cash Distribution Framework Act. ABA CEO Simon Birmingham said this was an important step in providing ongoing stability to the distribution and availability of cash across the economy. “The Cash Distribution Framework is an important piece of regulatory… Read more »
E&OERadio InterviewABC Sunshine Coast3 September 2026. Topics: Upcoming card surcharge ban Tim Wong-See: Now, from the start of next month, credit card surcharge fees are being abolished following a recommendation from the Reserve Bank of Australia. So, all those extra charges that annoy a lot of you when it comes to tap and pay will… Read more »