
7 August 2019
ABA Chief Executive, Anna Bligh, and Bauer Media Finance Editor and Financial Literacy Campaigner, Effie Zahos, invite you to the national launch of the Elder Financial Abuse Prevention campaign.
Financial abuse of the elderly is fast becoming one of Australia’s most serious social issues.
Banks and the ABA are committed to stopping this abuse, and have joined with Bauer Media to launch a national campaign for the prevention of elder financial abuse.
This event will give participants an opportunity to hear from experts about who is at risk, and how people, particularly older people, can protect themselves – including what needs to be done to stop it.
Joining the speakers panel are Qld Public Guardian, Natalie Siegel-Brown, the Seniors Rights Service Chief Executive, Russell Westacott, and ANZ’s Customer Advocate, Jo McKinstray.
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“Australian banks are certainly better equipped now than they were in the GFC. They’ve got 2 to 2.5 times the capital reserves put aside for a rainy day than they had in the GFC”
“The Australian Banking Association (ABA) welcomes the agreement reached today on the proposed safeguard mechanism reforms, given it paves the way for the passing of a critical piece of legislation for Australia.
“This is about engaging with the entire banking ecosystem in order to ensure the accessibility of the sector’s services are best serving our diverse community now, and into the future.”