3 July 2019
Recognising the commencement of the new Banking Code and acknowledging some of the people who were instrumental in developing the new Code, including consumer groups, industry stakeholders, and members of the policy working groups.
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HAMISH MACDONALD: This is RN breakfast. Westpac says it is fielding significantly more home loan hardship calls as the Reserve Bank continues its most aggressive tightening of monetary policy in a generation. The RBA this week raised the cash rate for a 12th time to 4.1%, its highest rate in more than a decade. The… Read more »
The Australian Banking Association (ABA) has welcomed the Treasurer’s announcement today of a major overhaul of Australia’s payments system.
“Australia has witnessed a phenomenal shift in customer banking and payment preferences in recent years,” ABA CEO Anna Bligh said.