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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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 »
options to defer loan repayments for up to 3 months for those customers affected by the flood disasters
“it is absolutely the case that whether you’re a NAB customer or a customer of any other bank, you can pay your credit card in cash over the counter, either in the bank branch or at an Australia Post outlet”
“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”
“banks remain committed to providing banking services to every Australian, especially those in regional and remote areas,”
“it’s no surprise to see banks invest in areas where customers prefer to bank, such as in their online platforms and apps.”
Australia’s banking industry is introducing six new reforms in the space of one week.
A deep dive with industry experts on ‘upstream’ issues for regulators, law enforcement and industry fighting industrial scale scammers.
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 »
“Scammers don’t target one group over another, they target all people of all backgrounds, ages and income levels across Australia.”
“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.”
“This is an important loan scheme that’s helping Australian businesses fight their way through the pandemic,”
Since 8 July 2021, more than 14,500 home loans have been deferred, while more than 600 business loans have been deferred.
these options do give people you know, a breather, that’s what they’re designed to do, just take the load off for three months, while you get through everything else that you need to get through.”
“customers can rest assured that their bank will have their back”