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.
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The Australian Bankers’ Association has welcomed the passing of legislation in Parliament today to raise the competency and ethical standards of financial advisers.
The Australian Bankers’ Association has welcomed the report into small business lending practices released today by the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP.
Giving more people easier access to have complaints heard outside of their bank is important to protect customer interests, the Australian Bankers’ Association said today.
Australia’s leading banks have announced new initiatives to deliver better products and services to customers, building on last year’s reforms that address concerns with the culture in banks.
The Australian Bankers’ Association has welcomed today’s release of Mr Ian McPhee’s progress report which showed banks are delivering meaningful change in order to rebuild community trust.
The Australian Bankers’ Association has today welcomed the release of Mr Stephen Sedgwick’s issues paper from his independent review into commissions and payments made to bank staff and third parties.
The Australian Bankers’ Association has today released new principles for banks to implement the highest standards of protections for whistleblowers.
The Australian Bankers’ Association has lodged its submission on the revised proposal for an industry funding model for the Australian Securities and Investments Commission.
The Australian Bankers’ Association has today acknowledged the one month delay of the report of the Code of Banking Practice review.
The Australian Bankers’ Association has today acknowledged the comprehensive House of Representatives Standing Committee on Economics’ report from its inquiry into the four major banks.
New legislation to raise the competency and ethical conduct standards of financial advisers will turn financial advice into a trusted profession, the Australian Bankers’ Association said today.
Customers experiencing financial abuse as a result of family and domestic violence will be better supported by banks following the release of a new industry guideline today, the Australian Bankers’ Association said.
Australian households benefited from the banking industry’s solid performance for the 2016 reporting year, with banks returning most of their profits to shareholders and the broader community.
The Australian Bankers’ Association has acknowledged today’s report by the Australian Securities and Investments Commission into refunds for customers who were charged for annual financial advice reviews they did not receive.
The Australian Bankers’ Association has welcomed today’s release of Mr Ian McPhee’s report which found banks have made good progress on a range of reforms in response to community concerns.
The Chairman of the Australian Bankers’ Association, Andrew Thorburn, today announced that Steven M�_nchenberg will be stepping down as Chief Executive of the ABA.
The Australian Bankers’ Association has today welcomed the announcement of the Australian Securities and Investments Commission Enforcement Review Taskforce and terms of reference.
The Australian Bankers’ Association has welcomed today’s release of an information paper by the Australian Prudential Regulation Authority on the risk culture of financial institutions.
The Australian Bankers’ Association has today welcomed the Federal Government’s announcement that it will introduce new legislation into Parliament this year to create a new independent body to set higher professional standards for financial advisers.
The Australian Bankers’ Association has supported today’s comments by Chairman of the Australian Prudential Regulation Authority, Mr Wayne Byres, about the concerns of mandating rate tracker mortgages for all authorised deposit-taking institutions.