Section Menu

Banks in Australia

Australia’s banks offer a wide range of financial services to individuals and businesses and play an important role in the economy. Banks in Australia value the communities in which they find themselves and are committed to giving something back to those communities. Every year, community organisations receive millions of dollars of direct support from banks in various forms. The industry also has a strong tradition of free education in financial skills and in 2003 embarked on a major new initiative in financial literacy.

What’s new

A sensible path forward for Open Banking
10 May 2018
Open Banking will allow customers, at their request, to share their personal information with other financial institutions to allow them to find a better deal on expenses such as electricity bills, telecommunications and other items.
Download PDF

ABA blog

Customers at centre of mortgage industry overhaul
Christine Cupitt, Executive Director - Policy, Australian Banking Association
Read more 1 Feb 2018

Latest tweets