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 acknowledges the release of the 2025-26 Mid-Year Economic and Fiscal Outlook. The Government’s forecasted $8.4 billion reduction in the deficit over the forward estimates including a $5.4 billion reduction for year’s deficit is welcome. Lower deficits and claimed savings of $20 billion over the next four years is a beginning towards ensuring our national finances are on a more sustainable footing. While this Budget update contains lower forecasts of spending as a share of GDP, the ABA notes the importance of ongoing spending restraint to help reduce inflationary and interest rate pressures. Banks… Read more »
ANZ CEO Nuno Matos has been appointed as the new Chair of the ABA Council, as banks continue their focus on meeting the needs of customers as well as playing a crucial role in the Australian economy. At the ABA’s Annual General Meeting today in Melbourne, ING CEO Melanie Evans was also reappointed as Deputy… Read more »
The ABA welcomes today’s release of draft industry designations and framework for scams code obligations for banks, telecommunication companies and digital platforms – reinforcing the importance of an ecosystem approach in the fight against scammers. ABA CEO Simon Birmingham said the draft materials were the next piece of the puzzle in ongoing efforts to drive… Read more »