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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.

For media inquiries contact media@ausbanking.org.au or 0475 741 007.


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Media Releases
Response to Productivity Commission final report
3 August 2018

Australian banks welcome competition and compete not only through price, but through constant innovations to product features and experiences. Banks are constantly working to ensure customer satisfaction and the availability of quality products.

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Media Releases
A new higher standard in Australian banking
31 July 2018

Australian bank customers will be the big winners from the approval of the new Banking Code of Practice by the Australian Securities and Investments Commission.

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Media Releases
Help on offer for drought affected farmers
9 July 2018

Farmers affected by the worsening drought crisis in NSW and Queensland are being urged to contact their bank to access assistance on offer which can include deferred loan payments, waiving fees and restructuring loans. The drought assistance has been readily available during the drought, already helping many customers.

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Media Releases
Cash payment limit will help stamp out black economy
5 July 2018

Australia’s banks have today backed the Federal Government’s move to limit cash payments to $10,000 to tackle the ‘black economy’, however have highlighted the need for any reform to be implemented carefully.

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Media Releases
Statement from Anna Bligh, CEO
4 July 2018

Australians use credit cards for a wide range of reasons, from paying for that overseas holiday to helping spread out payments and reduce financial stress when several bills come in at once.

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Media Releases
Statement from Chairman Shayne Elliott
29 June 2018

Today the Australian Banking Association has elected David Carter, CEO of Suncorp as new Deputy Chair to replace the retiring Mike Hirst.

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Media Releases
Hardship customers protected in new credit regime
29 June 2018

Australia’s four major banks have reached an agreement to protect vulnerable customers from being unfairly treated in the new mandatory Comprehensive Credit Regime.

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Media Releases
South Australian unit an example of what needs to be done
20 June 2018

The South Australian Government’s introduction into parliament today of a bill to establish an Adult Safeguarding Unit delivers on a key change campaigned for by Australia’s banks and senior’s groups to establish a body to make good faith reports of suspected elder financial abuse that can then be investigated.

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Media Releases
Call to action to help tackle Elder Financial Abuse
18 June 2018

Australians can now get on board the drive for change to tackle Elder Financial Abuse in a new campaign launched today by the Australian Banking Association, National Seniors, the Council on the Ageing, the Older Persons Advocacy Network and the Finance Sector Union.

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Media Releases
Step in the right direction, but more to be done
8 June 2018

Today’s agreement by the nation’s top lawmakers to identify options to standardise Power of Attorney orders across the country is a significant step in tackling the issue of elder financial abuse however there remains more work to be done.

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Media Releases
Time for action on Elder Financial Abuse
7 June 2018

The banking industry, along with COTA Australia and National Seniors, are calling on all the nation’s Attorneys General to agree their COAG meeting tomorrow to key changes which will empower bank staff to help detect and prevent elder financial abuse.

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Media Releases
Australians warned to beware of phone scams
25 May 2018

​​​​​Australians are urged to be on guard against unscrupulous, unsolicited callers, claiming to represent the Australian Banking Association and asking for bank details to issue a ‘refund’, survey customer satisfaction or record banking history.

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Media Releases
A sensible path forward for Open Banking
10 May 2018

The announcement by the Federal Government of a phased approach for introducing Open Banking is a sensible path forward for this important reform, enabling banks to design a secure system which benefits Australian consumers.

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Media Releases
Power of attorney order changes will protect against elder financial abuse
9 May 2018

The announcement in this year’s budget of a move to standardise power of attorney orders and create a national online register will help empower bank staff as they play their part in tackling the growing problem of financial abuse against the elderly across the country.

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Media Releases
Statement from CEO Anna Bligh
20 April 2018

The past few days of hearings at the Royal Commission have been sobering for the entire industry. The issues raised have been unacceptable and do not meet the high standards the community rightly expects of banks.

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Media Releases
RBA Small Business Roundtable opens conversation
18 April 2018

The challenges and opportunities facing small and medium businesses in Australia today were the focus of discussions at a Roundtable hosted by the Reserve Bank of Australia.

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Media Releases
Final McPhee report shows reform well underway
17 April 2018

Today’s release of the final report of independent governance expert, Mr Ian McPhee AO PSM, shows that Australia’s banks have made significant progress on the Better Banking Reform Program, including finalising many of its measures.

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Media Releases
Open Data, great news for consumers if done right
26 March 2018

Australia’s banking industry is committed to the success of open data and believes that if done properly it can empower customers to achieve better deals and make more informed choices.

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Media Releases
New Banking Code of Practice will be compulsory, binding and enforceable
26 March 2018

In a first for the industry, retail banks in Australia will be required to sign up to the new Banking Code of Practice as a condition of membership to the Australian Banking Association.

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Media Releases
New education standards good news for customers
21 March 2018

The Australian Banking Association welcomes the work of the Federal Government and the Financial Adviser Standards and Ethics Authority with the release of proposed guidelines on education standards for financial advisers.

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