21 March 2018: The Australian Banking Association welcomes the work of the Federal Government and the Financial Adviser Standards and Ethics Authority with the release of proposed guidelines on education standards for financial advisers.
21 March 2018: Thousands of vulnerable Australians, from newly arrived refugees to customers experiencing domestic violence, have been helped by Australia’s banks as they roll out new programs aimed at improving access to financial products and increasing financial literacy.
15 March 2018: The Australian Banking Association welcomes today’s ACCC interim report into residential mortgages, which clearly shows very high levels of discounting in the Australian home loan market. It’s clear that competition is delivering better deals for customers, shopping around works and Australians should continue to do so to get the best discounts on the advertised rate.
14 February 2018: The passage through the parliament of the Australian Financial Complaints Authority Bill (AFCA) delivers a big win for Australian bank customers by creating a ‘one stop shop’ for resolving issues in the financial services industry.
7 February 2018: The Australian Bankers’ Association will carefully analyse the Productivity Commission Draft Report, consult with its members and make a further submission to inform the final report expected mid-year.