The bankruptcy system and the impacts of coronavirus
21 February 2021
The current economic circumstances have not changed the views that we expressed in response to the proposal to shorten the default period for bankruptcy that was contained in the Bankruptcy Amendment (Enterprise Incentives) Bill 2017.
Download PDFTreasury consultation on licensing debt management firms
12 February 2021
The ABA supports the Government’s proposal to licence debt management and credit repair firms. We believe that all Australians should be afforded consistent consumer protections, no matter which credit or financial services provider they choose.
Download PDFLessons learned from the Australian bushfire season 2019-20
22 May 2020
The ABA has set up a natural disasters work program that reports to our 16 Council members in order to clarify, strengthen and streamline the banking industry’s response to natural disasters to ensure that they have the right tools for the job at the right time. By the beginning of March 2020, the major banks had provided bushfire assistance grants totalling $7.6 million to more than 4,000 customers across Australia. The banks had also raised more than $42 million in donations to help devastated communities and assisted more than 3,500 customers with financial relief packages of the types described below.
Download PDFNational Housing Finance and Investment Corporation Investment Mandate Amendment (First Home Loan Deposit Scheme) Direction 2019
4 November 2019
The ABA welcomes any assistance to help first homebuyers to own their own home and supports the Government’s commitment to deliver the First Home Loan Deposit Scheme. Further, the ABA welcomes APRA’s letter to industry clarifying the capital treatment of the guarantee.
Download PDFInteroperability between ELNOs (eConveyancing)
8 July 2019
The ABA supports a national approach to eConveyancing and this includes a national regime for interoperability.
Download PDFThe Australian Bankers’ Association submission on improving customer outcomes with credit cards
1 July 2016
The ABA responded to the Federal Government's Consultation Paper Credit Cards: Improving consumer outcomes and enhancing competition.
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