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 [email protected] or 0475 741 007.
This is the version of the Banking Code of Practice that took effect on 1 March 2021, a variation of the 1 March 2020 Release. It has now been superseded. This version of the code has been replaced by the October 5 2021 Version.
The ABA is seeking community views on the use of credit cards for gambling. The consultation will assess community views about financial institutions allowing credit cards to be used for gambling and the role of banks in addressing these problems.
We know that people over the age of 50 are at risk of financial abuse, scams and fraud. This is often called elder financial abuse. Elder financial abuse can take many forms and happen to anyone. It is a mistake to think it couldn’t happen to you or those you love. Even though it’s hard… Read more »
Superseded version – this is the original version of the Banking Code of Practice approved by ASIC and published in August 2018. It does not included amendments approved by ASIC in June 2019.
This report shows that the banking industry pays the most tax of any industry in Australia, with more than $14 billion in tax paid to governments in 2016.
This report looks at the contribution of the Australian banking industry to government revenue through taxes and other levies, and compares this with the tax rates paid by banks in other countries and with the tax paid by other industries in Australia.