fbpx
Click here for the latest banking information on COVID-19

News & Resources

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.

The phone number for media enquiries from journalists is: 0475 741 007.

Filter Content

Clear all
FAQs: what you need to know about COVID-19 bank relief
20 August 2020

Helping businesses to remain viable and keeping people in their homes is good for everyone.

Read more
Media Releases
Increased small business lending boosts Australia’s economic recovery
24 July 2020

“These figures show there are some green shoots emerging in our economy and that’s a positive sign.” – ABA CEO Anna Bligh

Read more
Media Releases
SME Loan Guarantee expanded: a welcome extension
20 July 2020

“This will be welcome news for SMEs and opens up the scheme to those businesses who are looking to invest or need some extra support.”

Read more
Media Releases
Banks enter phase two on COVID-19 deferred loans
8 July 2020

This new phase of support turns a cliff into manageable steps for Australians to get back on track.

Read more
Media Releases
Temporary changes to Code due to COVID-19
25 June 2020

Temporary changes to the Banking Code of Practice reflect that the COVID-19 pandemic may temporarily affect the provision of banking services.

Read more
COVID-19 Australian Banking Statistics
19 June 2020

Banking activity during the coronavirus pandemic. Between 14 May and 19 June the ABA published data on total deferrals member banks made to customers. These figures represented the sum total of deferrals made at the time of each data publication, and does not account for deferrals which had been reversed at the customer request. ABA’s… Read more »

Read more
Media Releases
Banks defer repayment of 429,000 mortgages due to COVID-19
16 May 2020

Banks have deferred the repayments of one in fourteen mortgages totalling more than $150 billion to assist Australians through the COVID-19 pandemic.

Read more
Media Releases
Banks deferred 100,000 extra loans this week: total more than 643,000
8 May 2020

Australia’s banks deferred an extra 100,000 loans, this week, including approximately 50,000 home loans, to help customers through the COVID-19 Pandemic. Total number of loans deferred is now at least 643,000.

Read more
COVID-19 Banking Timeline: a financial history of the pandemic
6 May 2020

What’s happened in the Australian banking sector during the coronavirus pandemic.

Read more
Media Releases
Australian banks step up to support customers and the economy
3 May 2020

Since the start of the COVID-19 pandemic, banks have provided an estimated $6.8 billion of deferrals and more than $45 billion in new loans.

Read more
Media Releases
Record issuance of debit cards to help isolated or vulnerable customers
29 April 2020

Currently there are over half a million Australian bank customers who actively use a passbook account or transaction account with no linked debit card.

Read more
Media Releases
Bank CEOs will download COVIDSafe and encourage staff to do same
26 April 2020

“Australia’s banks are right behind efforts to open up the economy in the coming weeks, when healthcare authorities say it’s safe to do so.” – Anna Bligh

Read more
Media Releases
Banks bolster efforts to help businesses bridge the gap to Jobkeeper
23 April 2020

Today the Treasurer met with the CEOs of ANZ, NAB, Westpac and the Commonwealth Bank who agreed to bolster their efforts to prioritise any business needing funding to bridge the gap until the first Jobkeeper payments are made in May. It was agreed special hotlines would be set up to help manage the applications from… Read more »

Read more
Media Releases
SME Loan Guarantee scheme a lifeline to struggling small businesses
9 April 2020

“Banks stand ready to throw a lifeline to businesses across the country who are doing it tough through this COVID-19 crisis.”

Read more
Media Releases
New Code provides welcome clarity for retail landlords, tenants and banks
7 April 2020

Australian Banking Association CEO Anna Bligh said the Code would give important guidance for all parties on managing a difficult issue for retail landlords, tenants and banks throughout the COVID-19 pandemic.

Read more
Media Releases
A COVID-19 mortgage deferral won’t affect your credit rating
6 April 2020

If a customer is granted a deferral on their mortgage and other credit products because of COVID-19, banks will report customers as not having missed a repayment.

Read more
Media Releases
Banks ready to support JobKeeper program
5 April 2020

Businesses may be able to use their upcoming JobKeeper payment to seek credit so they can pay employees until the scheme is up and running.

Read more
Media Releases
Banks to help commercial landlords who help tenants through COVID19
30 March 2020

Commercial landlords can get debt relief from their bank, if they don’t terminate leases or evict current tenants for rent arrears due to COVID19.

Read more
Media Releases
Second stimulus package will help support small business
22 March 2020

Today’s announcement by the Federal Government of a second stimulus package, which includes an SME Guarantee Scheme and direct cash grants, will help keep businesses open and save jobs, building on the measures already announced by banks on Friday.   The SME Guarantee Scheme which allows for further funds to be injected into small business will… Read more »

Read more
Media Releases
Banks announce Small Business Relief Package
20 March 2020

Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months.

Read more