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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.


Media Releases
Almost 40% leave wallets at home as mobile phone and smartwatch payments soar  
12 May 2023

The nation’s shift to digital banking is gathering pace, with the number of people leaving home without their wallet or cards, relying on their phone or another device instead, doubling in three years. The rapid changes are captured in a new ABA interactive Spend the Day site.

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Media Releases
Cross-industry initiative to provide one-off $7.75 million boost for financial counselling services  
11 May 2023

Australia’s financial counselling services will receive a $7.75 million boost following a cross-industry donation.

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Media Releases
ABA welcomes Federal Budget investment in combatting scams and supporting sustainable finance
9 May 2023

The Australian Banking Association (ABA) welcomes tonight’s Federal Budget saying it places a significant focus on customer safety.

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Media Releases
World Password Day a reminder to stay vigilant against online criminals 
4 May 2023

As scammers grow increasingly sophisticated and scams more complex, this year’s World Password Day is an important reminder to always stay vigilant against online criminals, the Australian Banking Association (ABA) says. 

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Media Releases
Statement regarding today’s decision by the Reserve Bank of Australia (RBA)  
2 May 2023

The RBA continues to address the nation’s inflation challenge with today’s 0.25% increase. 

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Media Releases
Australian Banking Association welcomes online gambling credit card ban
28 April 2023

“The online gambling credit card ban will go a long way to help people experiencing gambling harm to keep control of their finances.”

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Transcript
Anna Bligh interview with ABC Radio Drive’s Richard Glover on ASIC’s scams report
24 April 2023

“Remember the money and funds available to banks, the majority of them are other people’s deposits. So they need to be very careful about how they use that money. I think there’s a real question there about whether your deposits and your bank should be paying out to someone who decided to take a big investment risk”

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Transcript
Anna Bligh interview with Mark Levy (2GB Syd) on scams, cyber security, bank branches
12 April 2023

“Robbers don’t come with a sawn off shotgun anymore. They come through your phone, and banks are putting their resources where their customers are. And that’s in the digital world.”

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Media Releases
Banking industry launches new campaign to help customers beat the scammers.
11 April 2023

The Australian Banking Association (ABA) has launched a new campaign designed to raise awareness of a series of scam scenarios and steps that should be taken in the fight against scams.

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Transcript
Transcript – Anna Bligh interview with ABC Breakfast News’ Michael Rowland and Lisa Millar on online gambling inquiry and RBA rates hold
5 April 2023

“if somebody comes to them in financial difficulty, they can help them set up one of these vetoes. It’s not a difficult thing to do”

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Transcript
Transcript – Anna Bligh interview with Tom Connell on RBA review
4 April 2023

“it’s a very competitive environment out there at the moment, there’s about 2400 Australians every single day refinancing every working day, have been for six months, it’s the highest rate of refinance we’ve ever seen in Australia. So you’re right, people are going out and getting a better deal”

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Transcript
Transcript – Anna Bligh interview with ABC Radio National’s Patricia Karvelas on bank regulations and financial hardship in Australia.
29 March 2023

“Australian banks are certainly better equipped now than they were in the GFC. They’ve got 2 to 2.5 times the capital reserves put aside for a rainy day than they had in the GFC. And that’s, that’s been 10 years of just gradual build up, required by the regulator put aside by banks. It’s an incredibly strong buffer if things do go rocky”

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Media Releases
Statement from Australian Banking Association (ABA) regarding the agreement reached on the safeguard mechanism reforms: 
27 March 2023

“The Australian Banking Association (ABA) welcomes the agreement reached today on the proposed safeguard mechanism reforms, given it paves the way for the passing of a critical piece of legislation for Australia.

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Media Releases
Accessible and inclusive banking: Consultation set to begin for accessibility standards review
16 March 2023

“This is about engaging with the entire banking ecosystem in order to ensure the accessibility of the sector’s services are best serving our diverse community now, and into the future.”

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Transcript
Transcript – Anna Bligh interview with Sky News’ Andrew Clennell on SVB closure
13 March 2023

“What is underpinning this bank failure is a number of things, but not least of all, it’s a very niche bank with high exposure to one part of the economy. And that’s the part of the economy that’s been quite volatile and troubled”

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Media Releases
Statement from the Australian Banking Association (ABA) regarding Silicon Valley Bank (SVB) issue.
13 March 2023

The Treasurer has indicated that the federal government is closely monitoring the situation.

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Media Releases
IWD an important reminder to keep up the momentum on equity issues
8 March 2023

This International Women’s Day, it is so important to acknowledge the change that has occurred, the women and organisations who are forging this change, and also ensure we continue strongly on this positive path

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Media Releases
Statement regarding today’s decision by the Reserve Bank of Australia  
7 March 2023

As the RBA seeks to address the inflation challenge, overall bank data indicates Australian mortgage holders remain well-placed to navigate this difficult period. Household savings are high, and unemployment remains at close to record lows. Feedback from banks is that there have been no increases in hardship applications so far.

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Transcript
Transcript – Anna Bligh interview with ABC radio Conversation Hour hosts Richelle Hunt and Kirsten Diprose on regional bank branches
28 February 2023

“in two years, there was an 88% drop in the number of cash withdrawals made at that branch, and there was an 89% drop in cash deposits”

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Transcript
Transcript – Anna Bligh on ABC TV’s Afternoon Briefing… 
17 February 2023

Whether you’re in a remote part of the country, or in the middle of a capital city, the data shows us that if you have reliable internet, then people are choosing to bank and do their basic transactions online

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