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News & Resources

The Australian Banking Association (ABA) is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.

The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.

The phone number for media enquiries from journalists is: 0475 741 007.

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Media Release
Coronavirus Assistance Available
14 February 2020

Help on offer for small businesses financially affected by coronavirus   Australian small businesses financially impacted by the spread of the coronavirus are being urged to contact their bank to access assistance on offer which can include deferred loan payments, waiving fees and restructuring loans.    Australian Banking Association CEO Anna Bligh said any small business should not tough it out on their own… Read more »

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Media Release
Ian Govey AM to chair Banking Code Compliance Committee
12 February 2020

“The BCCC plays a strategic function in monitoring the effectiveness of the new Banking Code of Practice and shaping good industry practice”

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Media Release
South Australian customers protected by new rule book for banks
7 February 2020

In force since July 1 last year, the new ASIC-approved Banking Code of Practice contains a big step up in protections for customers.

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Media Release
Royal Commission: One Year On
30 January 2020

“The industry knows there is still much work to be done to earn back the trust of the Australian people and will continue to remain focussed on this task”

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Media Release
Banks ready to help those affected by devastating bushfires
3 January 2020

Australians affected by the catastrophic bushfires across parts of Australia are encouraged to contact their bank to access a wide range of assistance available.

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Media Release
Roundtable hears firsthand of worsening drought
19 December 2019

Senior bank representatives have today heard firsthand of worsening drought conditions from farmers affected at a roundtable convened by AgForce Queensland. The roundtable, held at the request of AgForce just outside Toowoomba in Nobby, brought together senior banking representatives responsible for agricultural lending as well as local farmers and community groups. CEO of the Australian… Read more »

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Media Release
Royal Commission Code changes given the green light
17 December 2019

The Australian Securities and Investments Commission (ASIC) has given the final approval for a new version of the Banking Code of Practice 2019 that implements recommendations of the Royal Commission. The approval comes after the Australian Competition and Consumer Commission (ACCC) gave authorisation in November this year for the Royal Commission changes to the Code… Read more »

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Media Release
ASIC responsible lending guidance important for stability
9 December 2019

Today’s release of ASIC’s updated RG 209 Credit Licensing: Responsible lending obligations is an important milestone in clarifying responsible lending obligations for banks. CEO of the Australian Banking Association Anna Bligh said that the updated RG 209 would provide clarity to banks on ASIC’s views on what responsible lending obligations require before offering credit to… Read more »

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Media Release
ABA calls for public views on credit card use in gambling
5 December 2019

Today the Australian Banking Association has released a consultation paper on the use of credit cards for gambling. Banks have introduced a range of initiatives to help customers better manage their financial arrangements and mitigate harms related to problem gambling – technology solutions such as tools to help customers track their spending, customer directed blocks,… Read more »

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Media Release
New Chair and Deputy Chair appointed to ABA Council
3 December 2019

Today the Australian Banking Association Council has appointed Matt Comyn, CEO of CBA, as Chair and Marnie Baker, Managing Director of Bendigo and Adelaide Bank, as Deputy Chair at its Annual General Meeting. The Council thanked the outgoing Chair, Shayne Elliott, and Deputy Chair, David Carter for their leadership of the industry during their tenure…. Read more »

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Media Release
Mandatory national Power of Attorney register a win for older Australians
29 November 2019

Today’s decision by the Council of Attorneys General in Adelaide to set baseline minimum standards for Powers of Attorney and create a mandatory national online register is a big leap forward to combating elder financial abuse. The coalition to fight elder financial abuse, backed by Bauer Media, includes the Australian Banking Association, the Seniors Rights… Read more »

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Media Release
Action needed by all governments on elder financial abuse
28 November 2019

Australia’s banks along with older persons advocacy groups are calling on state and federal governments to agree to establish a national online register of Powers of Attorney at tomorrow’s Council of Attorneys General meeting in Adelaide. The renewed call comes as banks release a new guide designed to help older people avoid abuse, scams and… Read more »

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Media Release
Royal Commission code changes given ACCC authorisation
21 November 2019

Today’s authorisation by the Australian Competition and Consumer Commission (ACCC) of changes to the Banking Code of Practice, as recommended by Commissioner Hayne in his final report, is an important step in further strengthening protections for customers. Changes recommended, and now authorised by the ACCC, include:   Banning charging default interest on distressed agricultural loans  Providing inclusive and accessible banking services to… Read more »

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Media Release
Greater protections for customers under new debt collection guidelines
19 November 2019

New guidelines to be applied by Australia’s banks to debt collection agencies have been released today, providing a major step up in safeguards to ensure vulnerable customers are protected. The new guidelines outline the process banks must follow before they sell any debt and also what happens once that debt is sold. This includes: Proactively… Read more »

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Media Release
Banks stand ready to help customers impacted by bushfires
11 November 2019

Australians facing financial difficulties as a result of fires raging across New South Wales and Queensland are being encouraged to contact their bank for assistance when they are able to do so. CEO of the Australian Banking Association Anna Bligh said that banks have hardship teams ready to assist customers affected by the fires.  … Read more »

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Media Release
One step closer to protecting older Australians
17 October 2019

The Stop Elder Financial Abuse campaign today held a Federal Parliament launch to brief Members and Senators on the actions needed to tackle the growing problem. Speaking at the launch Attorney General Christian Porter announced his plan for the next Council of Attorneys General meeting to set baseline standards of a national model of Power… Read more »

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Media Release
Statement from CEO Anna Bligh regarding ACCC inquiry
14 October 2019

Australia’s banks stand ready to assist the ACCC in this inquiry. Banks are no stranger to public scrutiny and look forward to the opportunity to cast more light on mortgage pricing and the many important factors that influence the setting of interest rates. The first priority of Australia’s banks is the implementation of the Royal… Read more »

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Media Release
Millions of Australians switching financial products
10 October 2019

Competition between banks remains strong, with millions of Australians switching banks for home loans, credit cards and transaction accounts last year, according to a newly-released report by Deloitte Access Economics commissioned by the Australian Banking Association.  While a strong majority of customers are satisfied with their financial products, the Deloitte report showed 2.8 million customers switched to new banks or financial providers for… Read more »

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Media Release
Banks ready to play their part in strengthening financial counselling
3 October 2019

Banks welcome today’s release of the Sylvan Review, which charts a path forward to strengthen Australia’s financial counselling sector. The Review highlights the importance of financial counsellors in helping Australians who are struggling to repay their debts, manage their household budgets and provide for their families in a difficult environment.    Banks actively participated in the… Read more »

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Media Release
Toowoomba customers protected by new rule book for banks
2 October 2019

The Australian Banking Association has today partnered with Toowoomba Chamber of Commerce to brief the local business community and stakeholders on the new rule book for banks, the new Banking Code of Practice, and the ‘financing your small business’ website. In force since July 1 this year, the new ASIC approved Banking Code of Practice… Read more »

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