14 October 2019
Australia’s banks stand ready to assist the ACCC in this inquiry. Banks are no stranger to public scrutiny and look forward to the opportunity to cast more light on mortgage pricing and the many important factors that influence the setting of interest rates.
The first priority of Australia’s banks is the implementation of the Royal Commission. Banks are also working night and day to prepare for the Consumer Data Right to empower customers to more easily shop around for the financial service that best meets their needs.
ENDS
Contact: Rory Grant 0475 741 007
Latest news
E&OERadio InterviewABC Radio Canberra9 February 2026. Topics: Romance scams; Scam Prevention Framework Emma Bickley (Host): You’re listening to afternoons on ABC Radio Canberra. I’m Emma Bickley, and my guest today is Simon Birmingham. He’s the CEO of the Australian Banking Association, and in the lead up to Valentine’s Day, they’re warning you that romance scams… Read more »
With Valentine’s Day approaching, banks are warning people to be on high alert for romance scams as criminals increasingly deploy AI to steal more than just your heart. AI romance scam red flags: ABA CEO Simon Birmingham said further advances in AI were making it incredibly difficult for people to distinguish between a romance scam… Read more »
E&OE TV Interview Sky News Business Weekend 8 February 2026. Topics: Interest rates, the payments system, the coalition. Ross Greenwood (Host): The other industry that will come into the political spotlight, clearly, are our banking sector and our major lenders. Their actions for now, broadly mirror the Reserve Banks, but you can imagine that as a group, the banks have to be extremely cautious about… Read more »