23 July 2025
The Australian Banking Association’s ‘Bank on It’ Report, delivered in collaboration with Accenture, reveals a sector that is stable but not static – one that champions progress while remaining steadfast in its duty to protect customers.
The overwhelming majority of customer-bank interactions now occur via digital channels.
Total value of payments made by Australians using mobile wallets over the past year.
Annual savings for students, the elderly, and benefit recipients via no- or low-fee accounts.
Latest news
Australian banks welcome the release of new Statements of Expectations for APRA and ASIC, which put economic growth, proportionate regulation and cutting unnecessary regulatory burden at the centre of how Australia’s financial regulators operate. ABA CEO Simon Birmingham said the inclusion of growth mandates in these new statements is something the banking industry has consistently… Read more »
E&OEPodcastFear + Greed8 July 2026. Topics: Household ownership of banks; Banking as critical infrastructure Sean Aylmer: Welcome to Fear and Greed Q&A, where we ask and answer questions about business, investing, economics, politics and more. I’m Sean Aylmer. We talk plenty about the banks on this podcast. After all, the big four and Macquarie are… Read more »
The ABA welcomes today’s consultation paper from APRA on proposed changes to bank credit risk capital settings, which have the potential to support more lending and lift productivity. ABA CEO Simon Birmingham said the consultation was a welcome step towards a more efficient capital framework while still retaining the underlying strength and stability of Australia’s… Read more »