This report shows that Australians believe banks are heading in the right direction, becoming more customer focused and are starting to see the Banking Reform Program – Better Banking deliver results.
This report shows that the banking industry pays the most tax of any industry in Australia, with more than $14 billion in tax paid to governments in 2016.
This report shows that the number of customer transactions, loans and accounts are increasing but growth in fees paid by households and businesses remains low.
This report highlights the importance of the agriculture industry to the Australian economy and the community, and how much banks lend for agriculture.
This report looks at employment in the finance and insurance industry, including the characteristics of banking employees, wages and flexible working conditions.
This report looks at the contribution of the Australian banking industry to government revenue through taxes and other levies, and compares this with the tax rates paid by banks in other countries and with the tax paid by other industries in Australia.
The ABA has identified key areas to support economic growth and maintain Australians’ high living standards in the future, including fiscal repair and productivity growth.
Open Banking will allow customers, at their request, to share their personal information with other financial institutions to allow them to find a better deal on expenses such as electricity bills, telecommunications and other items.
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