The Australian Banking Association (ABA) is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.
The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.
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Anna Bligh spoke to ABC Radio North Coast on how banks can help those impacted by floods in the Lismore region.
The ABA has called upon Federal and State Australian governments to work together to combat the ongoing problem of elder financial abuse.
An average of $3.2 billion was lent to small business in the second half of 2021, up 24% from the $2.6 billion in the second half of 2020.
The nation’s banking sector will come together for the inaugural Australian Banking Association (ABA) conference on Friday, with a focus on economic recovery and Planning for Tomorrow. Reserve Bank Governor Philip Lowe will headline the conference with a keynote speech, while attendees will also hear from prominent industry leaders including Westpac CEO and ABA… Read more »
“Our elderly Australians have worked hard over many years and deserve to live out their later years with dignity, respect and financial independence.”
“The small business sector is already powering Australia’s economic recovery. In the three months to August 2021, $10 billion in new lending was made to small business.”
Unlike paying to a BSB and account number, PayID gives the user the ability to confirm the name of the account holder before they transfer funds.
Services such as PayID, BPay and e-invoicing will show who you’re paying before you pay, ensuring money is going to the intended account.
“it’s heartening to see the need for assistance declining as many States and Territories come out of lockdown”
Australia’s banking industry is introducing six new reforms in the space of one week.
As more Australians experience financial scams, the ABA has launched a new campaign to raise awareness on the increasing threat of scams, warning Australians to be on the lookout for scam phone calls, texts and emails. FULL TRANSCRIPT: ABA CEO Anna Bligh spoke with ABC Radio’s Ross Marsden. Ross Marsden The Australian Banking Association has… Read more »
“Many people don’t realise how prevalent financial abuse is and that it may be a red flag for future violence.”
“While existing regulations have served Australia well, we have seen unprecedented changes in how we pay each other.”