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Taxes and other levies paid to governments in Australia by the banking industry

27 June 2017

This report shows that the banking industry pays the most tax of any industry in Australia, with more than $14 billion in tax paid to governments in 2016.

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Media Releases
New scams prevention framework key to winning war against scammers 
7 November 2024

The ABA welcomes the introduction into the Parliament of critical scam fighting legislation to better protect Australians.   ABA CEO Anna Bligh said the Federal Government’s proposed Scams Prevention Framework is the best way forward to prevent, detect, report, disrupt and respond to scams.   “This is an important step forward in our ongoing work to scam-proof… Read more »

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Media Releases
Banks stand ready to support Far West NSW communities impacted by recent storms 
1 November 2024

Banks stand ready to support Far West NSW communities hit by recent storms and ongoing power outages.   ABA CEO Anna Bligh acknowledged that many households and businesses in the Far West were still feeling the effect of this severe weather event.   “My message to customers in these communities, is please reach out to your bank… Read more »

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Media Releases
Keeping banking customers safe from financial abuse
1 November 2024

Customer safety will be front and centre when banks design their products and services under a new global leading initiative launched today by the Australian Banking Association, in partnership with Westpac. The new Safety by Design toolkit, developed by Westpac and made accessible to the sector, will give banks access to more guidance to ensure… Read more »

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