28 November 2019
We know that people over the age of 50 are at risk of financial abuse,
scams and fraud. This is often called elder financial abuse.
Elder financial abuse can take many forms and happen to anyone.
It is a mistake to think it couldn’t happen to you or those you love.
Even though it’s hard to discuss, the more we understand what elder
financial abuse is, the more we can identify it, talk about it, and take
action to prevent it from happening.
This guide is for our older customers and their loved ones. We want
you to be safe and savvy when managing your money.
Latest news
Australians affected by the catastrophic bushfires across parts of Australia are encouraged to contact their bank to access a wide range of assistance available.
Senior bank representatives have today heard firsthand of worsening drought conditions from farmers affected at a roundtable convened by AgForce Queensland. The roundtable, held at the request of AgForce just outside Toowoomba in Nobby, brought together senior banking representatives responsible for agricultural lending as well as local farmers and community groups. CEO of the Australian… Read more »
The Australian Securities and Investments Commission (ASIC) has given the final approval for a new version of the Banking Code of Practice 2019 that implements recommendations of the Royal Commission. The approval comes after the Australian Competition and Consumer Commission (ACCC) gave authorisation in November this year for the Royal Commission changes to the Code… Read more »
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Australian banks are ready to help those affected by the devastating bushfires. Assistance can include deferral of loan repayments and waiving of fees and charges.
If you’ve been affected by the bushfires, contact your bank’s hardship team and get help today.