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The Australian Bankers’ Association has responded to reports in the West Australian today that the WA Government would look at a bank levy to make up for unequal GST allocation.
The banking industry today reaffirmed its support for improving banking executive accountability and highlighted much-needed changes to the draft legislation to ensure the regime works.
More than three million Australians have switched banks over the past three years with two-thirds finding it an easy process, the Australian Bankers’ Association said today.
The banking industry has developed a recipe for a successful open banking regime in Australia that will revolutionalise customers’ banking experience and enable them to make more informed choices.
The Australian Bankers’ Association has today called for a fresh look at tax reform as part of a comprehensive review of how public sector services are funded.
The Federal Government must open up the major bank levy for public scrutiny, the Australian Bankers’ Association said today.
The Australian Bankers’ Association has today called for the Federal Government to release analysis of the impact of the major bank levy on the broader economy, including households and businesses.
The CEO of the Australian Bankers’ Association Ms Anna Bligh today warned that the Federal Government’s new $6.2 billion bank tax is fraught with even more uncertainty after Treasury officials were unable to answer key questions at a briefing with banks in Sydney today.
Giving more people easier access to have complaints heard outside of their bank is important to protect customer interests, the Australian Bankers’ Association said today.
Australia’s leading banks have announced new initiatives to deliver better products and services to customers, building on last year’s reforms that address concerns with the culture in banks.
The Australian Bankers’ Association has today welcomed the release of Mr Stephen Sedgwick’s issues paper from his independent review into commissions and payments made to bank staff and third parties.
The Australian Bankers’ Association has lodged its submission on the revised proposal for an industry funding model for the Australian Securities and Investments Commission.
The Australian Bankers’ Association has today opened public consultation on how banks can better support and protect staff who call out poor behaviour that harms customers.
The Australian Bankers’ Association has today called for improvements in the way customers can have their complaints heard independently if their bank is not able to resolve issues.
The Australian Bankers’ Association has provided its submission to Mr Stephen Sedgwick’s independent review of commissions and payments in retail banking, confirming the industry’s commitment to meet changing expectations.
The deadline to make a submission to the independent review of commissions and payments in retail banking has been extended to maximise the opportunity for public feedback, the Australian Bankers’ Association said today.
Bank chief executives have confirmed their commitment to respond to legitimate concerns raised about the industry.
There is still an opportunity to make a submission to the independent review of the Code of Banking Practice, the Australian Bankers’ Association said today.
Employment in the finance and insurance industry has been a strong driver of employment growth over the past year, contributing to the resilience in the overall labour market, the Australian Bankers’ Association said today.