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.”
Contact: Stephanie Arena 0477 470 677 or Nathalie Samia 0410 348 531
“No customer is going to wake up the day after the 31st of March and find that there is some legal action being taken by their bank on their loan.”
“For the first time, banks are unveiling an industry-wide Financial Assistance Hub. The site aims to inform and assist bank customers so they know exactly where they stand, and the support their banks will provide them.”