24 September 2017
Statement from Anna Bligh, Australian Bankers’ Association Chief Executive
“The ABA welcomes the announcement from the major banks today to abolish ATM fees.
“It’s a boon for customers and makes banking more affordable for everyday Australians.
“This is the latest in a suite of initiatives by banks to create better products and services for customers and boost customer choice, including reducing interest rates on credit cards and offering fee-free transaction accounts.
“A competitive banking system is good for customers and good for the sector.”
ENDS
Contact: Stephanie Arena 0477 470 677 or Nathalie Samia 0410 348 531
Latest news
The ABA has called upon Federal and State Australian governments to work together to combat the ongoing problem of elder financial abuse.
In the 12 months to February 2022, ABA member banks lent an average of $4.2 billion to agribusinesses across the country every month.
The working paper focuses on the construction and agriculture sectors and seeks to provide a point of reference for banks to operationalise modern slavery risk identification and management.