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
“Since the Banking Code was first introduced in 1993, the process to independently review the Code has continued to deliver improvements.”
“A number of our banks actually have maternity leave lending products that are specific to people on parental leave, paid and unpaid, to help them through, what as I said, can be a difficult time.”