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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A new proposed tax on five Australian banks by the South Australian Government is an outrageous cash grab without policy substance, the Australian Bankers’ Association Chief Executive Anna Bligh said today.
The Australian Bankers’ Association has today welcomed the Senate Economics Legislation Committee report on the major bank levy.
Opening statement by Anna Bligh, Chief Executive of the Australian Bankers’ Association at the inquiry into the major bank levy.
This report shows that the number of customer transactions, loans and accounts are increasing but growth in fees paid by households and businesses remains low.
The number of customer transactions, loans and accounts are increasing but growth in fees paid by households and businesses remains low, the Australian Bankers’ Association said today.
Representatives from the mortgage industry have begun a process to ensure that incentives and governance arrangements are aligned with good outcomes for customers, in response to ASIC’s report on mortgage broker remuneration.
Bank customers can expect greater protection with new hiring measures agreed by Australia’s banks to crackdown on individuals with a history of misconduct moving from one job to the next undetected.
Today’s weak economic growth figure highlights the need to maintain a strong banking industry, the Australian Bankers’ Association said today.
The legislation for the major bank levy introduced today shows the Federal Government’s original design had major flaws and significant questions remain on how this rushed legislation will affect the economy, the Australian Bankers’ Association said today.
The Federal Government must open up the major bank levy for public scrutiny, the Australian Bankers’ Association said today.
Deputy Australian Bankers’ Association Chairman and Bendigo and Adelaide Bank Chief Executive Mike Hirst has today described rumours of a split in the ABA as “complete rubbish”.
In an extraordinary move the Federal Government has today forced senior executives of the five major banks to sign confidentiality agreements before releasing the draft major bank tax legislation for examination.
The Australian Bankers’ Association has today called for the Federal Government to release analysis of the impact of the major bank levy on the broader economy, including households and businesses.
The Australian Bankers’ Association Chief Executive Anna Bligh has written to the Hon Scott Morrison MP calling on him to immediately release Treasury modelling of the major bank tax.
The CEO of the Australian Bankers’ Association Ms Anna Bligh today warned that the Federal Government’s new $6.2 billion bank tax is fraught with even more uncertainty after Treasury officials were unable to answer key questions at a briefing with banks in Sydney today.
A new tax on major banks in the Federal Budget is a tax on the economy, the Australian Bankers’ Association Chief Executive Anna Bligh said tonight.
The Australian Bankers’ Association has today welcomed the Federal Government’s announcement of an inquiry into the competitiveness of the financial system.
The Australian Bankers’ Association has today published an annual report outlining the industry’s progress to improve customer outcomes, strengthen culture and build trust in banking.
The Australian Bankers’ Association has today released its response to the Australian Small Business and Family Enterprise Ombudsman’s report into small business lending.
The Australian Bankers’ Association has welcomed today’s release of Mr Ian McPhee’s report which found the industry has made significant progress delivering the reform program it announced 12 months ago.