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.
“Australia has witnessed a phenomenal shift in customer banking and payment preferences in recent years,” ABA CEO Anna Bligh said.
The RBA continues to address the nation’s inflation challenge with today’s 0.25% increase in the cash rate target, to 4.10%.
Australian banks today launched a new digital platform that will facilitate the quick reporting of fraudulent payments en route or transferred to another bank.