Don’t tough it out on your own: banks can offer assistance if you’ve been impacted by COVID-19.
7 July 2021
Australia’s banks stand ready to assist the Government with the vaccine rollout
Today’s forum with Treasurer Josh Frydenberg, Lieutenant General John Frewen, Commonwealth Chief Medical Officer Paul Kelly and business leaders was constructive and demonstrated a genuine partnership between business and government as we battle COVID-19.
The focus of all participants was to use this period as vaccine supply ramps up, to be ready to hit the ground running in Q3 and use all the resources we have to maximise the speed and number of vaccinations
Banks will continue to communicate with their staff and encourage vaccine uptake.
As an industry, we will continue working with government, corporate Australia and the community to get this done as soon as supplies increase.
Latest news
The ABA welcomes today’s passage through the Parliament of the Cash Distribution Framework Bill 2026, an important safety net shoring up the ongoing distribution and availability of cash across the economy. ABA CEO Simon Birmingham said banks continued to support customers who choose to use cash and this regulatory framework would provide greater certainty for… Read more »
The ABA welcomes the commitment today by the Assistant Treasurer and Financial Services Minister Daniel Mulino to make the Compensation Scheme of Last Resort (CSLR) more sustainable by reducing the losses and costs associated with it. ABA CEO Simon Birmingham said changes to the CSLR must help contain losses that generate claims and place the… Read more »
Small businesses are benefiting from more favourable lending conditions thanks to stronger competition, as the full extent of banking support for these businesses is laid out in a new report released today by the Australian Banking Association. The ABA’s latest industry report focusing on small and medium businesses finds: ABA CEO Simon Birmingham said the… Read more »