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Independent Review of the Definition of Small Business – 2020

Independent Review of the Definition of Small Business – 2020

10 April 2020

The objectives of this 2020 review are to determine whether, and if so how, the definition of small business should be updated in the Banking Code of Practice.

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Media Releases
Number of SMEs growing, despite economic challenges, ABA report
24 November 2022

The number of micro businesses grew 10% to 1.55 million in the year to June 2022. During the same period, the number of small businesses grew 3% to 955,861 after an extraordinary period of growth during the 2021 financial year, jumping 15% to 931,791.

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ABA News
Victorian floods: on the ground
24 November 2022

The ABA recently visited regional Victoria to see the impact of the recent floods first-hand. The tour of Rochester and Echuca was set up to share the support available by banks and encourage customers affected to contact their bank.The ABA also gathered feedback from impacted bank customers and the local community to hear what further… Read more »

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Media Releases
Bank support for Agribusiness grows to $104.7b
17 November 2022

“Agriculture in Australia has a proud record of overcoming extreme adversity, most recently meeting the challenge of major flood events head on. Banks are standing by to support customers affected and the message is to reach out to your bank if you need their support.”

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