42 results for "natural disasters"
Inquiry into insurers’ responses to 2022 major floods claims
https://www.ausbanking.org.au/wp-content/uploads/2024/08/20240705-Final-ABA-submission-to-2022-floods-inquiry.pdfPublished on 29 July 2024
Banks play an active role to support customers during natural disasters. ABA’s submission is made in two parts, first, outlining banks’ active support of customers during natural disasters and second, responding to the questions in respect to impacts of insurance unaffordability put to the ABA.
Download PDFInterview on ABC Brisbane about agreement with Armaguard
https://www.ausbanking.org.au/interview-on-abc-brisbane-about-agreement-with-armaguard/Published on 25 June 2024
Cathie Schnitzerling: The country’s largest banks, along with the big supermarkets like Coles and Woolworths, Bunnings and Australia Post, have agreed to pay Armaguard $50 million to ensure that cash can get to you and me for the next year. But after that, it’s still not clear whether there will be a sustainable way to... Read more »
View PageAnna Bligh Interview with ABC Radio Brisbane, discussing future of cash and Digital ID
https://www.ausbanking.org.au/anna-bligh-interview-with-abc-radio-brisbane-discussing-future-of-cash-and-digital-id/Published on 3 April 2024
Steve Austin Well as you know, the Commonwealth Government has made it clear they consider access to cash a priority for the Australian economy and the country’s largest banks, as well as Coles, Woolworths, companies like Wesfarmers and Australia Post have been trying to put together a short term lifeline for Armaguard, who’s the company... Read more »
View PageBanks hardship teams on standby to help cyclone-impacted communities in Queensland
https://www.ausbanking.org.au/banks-hardship-teams-on-standby-to-help-cyclone-impacted-communities-in-queensland/Published on 31 January 2024
Banks have dedicated hardship teams on standby to help those impacted by Tropical Cyclone Kirrily and the Australian Banking Association has urged those in need of financial assistance to reach out. “With the second major cyclone in as many months followed by torrential rain, people in Queensland have been dealt yet another serious blow. I... Read more »
View PageBanks stand ready to support cyclone-impacted communities in Far North Queensland
https://www.ausbanking.org.au/banks-stand-ready-to-support-cyclone-impacted-communities-in-far-north-queensland/Published on 18 December 2023
Today the Australian Banking Association has told Queenslanders impacted by major flooding as a result of cyclone Jasper that banks have teams on standby to help those in need. “The ABA urges anyone in need of financial assistance to reach out to their bank, and to do so as early as possible. Dedicated hardship teams... Read more »
View PageBanks act to keep cash convenient
https://www.ausbanking.org.au/banks-act-to-keep-cash-convenient/Published on 6 December 2023
Today the Australian Competition and Consumer Commission (ACCC) has authorised the main users of cash including banks, retailer providers and Australia Post to undertake industry discussions ensuring cash remains readily available to all Australians. Customers’ usage of cash has plunged from 70% in 2007 to 13% in 2022. The cash spiral is showing no signs... Read more »
View PageBank support for Agribusiness grows to $104.7b
https://www.ausbanking.org.au/bank-support-for-agribusiness-grows-to-104-7b/Published on 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.”
View PageAustralian banks ready to help floods impacted communities
https://www.ausbanking.org.au/australian-banks-ready-to-help-floods-impacted-communities/Published on 17 October 2022
“The message from banks is clear: don’t tough it out on your own, call your bank as soon as you are able to, they are ready to help."
View PageFlood affected customers encouraged to contact their bank
https://www.ausbanking.org.au/flood-affected-customers-encouraged-to-contact-their-bank-2/Published on 14 October 2022
Don't let a natural disaster become a financial disaster. Call your bank, they can offer a range of measures right now. Don't tough it out on your own.
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