1 March 2020
ABA member banks will not sell debt if:
- the debt is statute-barred, or
- the customer is in the process of disputing that they owe the debt and the bank has not
yet finalised its consideration of the issue.
Latest news
Transcript
Transcript – Anna Bligh interview with ABC RN’s Patricia Karvelas on bank regulations in Australia and financial hardship
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30 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”
Media Releases
Statement from Australian Banking Association (ABA) regarding the agreement reached on the safeguard mechanism reforms:
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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.
Media Releases
Accessible and inclusive banking: Consultation set to begin for accessibility standards review
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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.”