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 highest set of whistleblower protections is being implemented across all banks for the benefit of the sector’s 145,000 employees. The aim is to improve existing policies to ensure bank staff feel confident they can report inappropriate behaviour without fear of adverse consequences. In December 2016, the ABA released new principles to help banks ensure… Read more »
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.
A new national poll by Galaxy Research shows a sharp drop in public support for a royal commission into the banking sector.
The Australian Bankers’ Association has today opened public consultation on how banks can better support and protect staff who call out poor behaviour that harms customers.
The Australian Bankers’ Association has today called for improvements in the way customers can have their complaints heard independently if their bank is not able to resolve issues.
The Australian Bankers’ Association today acknowledged the House of Representatives Standing Committee on Economics’ Inquiry this week had provided a valuable forum for major banks to respond to issues of interest to the Committee and outline the progress already being made to address them.
Targeting the right information to people at different life stages is important to improve financial literacy levels, the Australian Bankers’ Association said today.
Home buyers have more than 3,600 home loan products to choose from, at the lowest interest rates in half a century, the Australian Bankers’ Association said today.
The Australian Bankers’ Association has today strongly rejected the claim by Industry Super Australia that banks ‘sidestep’ Future of Financial Advice protections when advising customers on superannuation.
The banking industry has today announced the guiding principles which will govern how banks help to make it easier for customers to resolve complaints.