fbpx
Skip to main content
New Financial Assistance Hub

Response to Treasury Consultation on Consumer Credit Reforms

24 November 2020

The Australian Banking Association (ABA) supports the Government’s Consumer Credit Reforms. These important reforms will strike the right balance between maintaining strong consumer protections while providing credit into the economy at a critical time. The ABA supports:

Maintaining strong consumer protections
Consistent consumer protection and level playing field
Simplification and removing duplication
Support for complementary reforms

Download PDF  

Latest articles

1 / 3
ISSB Consultation on agenda priorities
31 August 2023

ABA submission to the ISSB Consultation on Agenda Priorities.

Read more
Climate-related financial disclosures, second-round consultation
21 July 2023

The ABA supports the introduction of mandatory climate-related financial disclosures aligned with the ISSB, and we feel that the proposed model generally strikes an appropriate balance. The submission makes key points across six areas: phased approach, reporting content, reporting location, assurance, continuous disclosure and the modified liability approach.

Read more
ABA submission to ACCC retail deposits inquiry
17 July 2023

The ABA’s submission to the ACCC’s Retail Deposits Inquiry 2023. Australian banks continue to provide a competitive, dynamic, and innovative marketplace for deposits. Banks are also cognisant of the variety of uses for deposit accounts and strive to provide products and services that meet the needs of customers.

Read more