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Payments System Review – 2021

Payments System Review – 2021

10 April 2021

The evolution of the nature and methods for payments will provide convenience for consumers and opportunities for businesses, but it will also increase complexity and risk.

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Media Releases
Banks urge passage of Cash Distribution legislation 
12 August 2026

The ABA urges the final passage of the Cash Distribution Framework Bill 2026 and accompanying legislation through the Senate this fortnight.  ABA CEO Simon Birmingham said the legislation was a critical safety net to protect the long-term availability of cash for Australians who still rely on it.  “Cash remains an important payment option for many Australians,… Read more »

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Media Releases
Banks urge Aussies to stay Census safe as scammers look to cash in
10 August 2026

Australian banks are warning households to be on the look-out for Census related scams as criminals look to get their hands on personal and financial information.  Key tips for staying Census safe:  ABA CEO Simon Birmingham said banks were on high alert for scams as criminals look to cash in on this week’s Census. “The… Read more »

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Transcript
ABA CEO Simon Birmingham interview with ABC Sydney’s Thomas Oriti on offset accounts
29 July 2026

E&OERadio InterviewABC Radio Sydney29 July 2026 Topics: ASIC report into offset accounts Thomas Oriti: Do you have an offset account? I think most people with a mortgage do. If you don’t know what I’m talking about, it’s an account that’s linked to your mortgage and it saves you interest. So, I’ll give you an example…. Read more »

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