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 impact of climate change, its mitigation, and the ongoing decarbonisation of the economy is now critical to every aspect of our lives,”
“This is a positive step to resolving the acute labour shortages we’re seeing in our economy.”
“Skilled migrants with advanced technical and digital skills can help drive productivity and contribute to upskilling our own workforce.”
Twenty of Australia’s most influential business and finance peak bodies have come to an unprecedented consensus on the need for sustainability reporting.
“Over the past eight years, Mr Byres has provided strong leadership… particularly through the very stormy economic waters of recent times.”
“these factsheets are just one tool in Australian banks’ toolkit of offerings to help customers to get back on track”
“We encourage customers to find out more about PayID and a good place to start is the website payid.com.au”
“Australian banks are currently supporting almost 3000 people in and around the NSW Northern Rivers region”
It will enable banks to withhold credit reporting information where reporting that information could lead to customer harm.
The ABA has called upon Federal and State Australian governments to work together to combat the ongoing problem of elder financial abuse.
In the 12 months to February 2022, ABA member banks lent an average of $4.2 billion to agribusinesses across the country every month.
The working paper focuses on the construction and agriculture sectors and seeks to provide a point of reference for banks to operationalise modern slavery risk identification and management.
An average of $3.2 billion was lent to small business in the second half of 2021, up 24% from the $2.6 billion in the second half of 2020.
ore than 30 industry leaders addressed the audience throughout the day, deep-diving into the opportunities, digital disruptions, new customer trends and risks that face the banking industry.
The nation’s banking sector will come together for the inaugural Australian Banking Association (ABA) conference on Friday, with a focus on economic recovery and Planning for Tomorrow. Reserve Bank Governor Philip Lowe will headline the conference with a keynote speech, while attendees will also hear from prominent industry leaders including Westpac CEO and ABA… Read more »
removing existing legal barriers that make it more difficult for financial institutions to help victim survivors of financial abuse.
options to defer loan repayments for up to 3 months for those customers affected by the flood disasters
“Our elderly Australians have worked hard over many years and deserve to live out their later years with dignity, respect and financial independence.”
The Australian Banking Association welcomes the Government’s payment system reform plan, which will pave the way for modernisation and improvements that benefit customers and ensure Australia maintains a world-class payments system.
“This has been a thorough and transparent process and it has been encouraging to see the high levels of interest and engagement in the Banking Code.”