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.
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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.”
There is absolutely no doubt the face of banking in this country is changing and it’s changing very, very quickly.
“No customer is going to wake up the day after the 31st of March and find that there is some legal action being taken by their bank on their loan.”
“we’ve seen a record high number of Australians switch their loans, either to another bank or gone to their own bank and got a better deal.”