Banks are here to support you: don’t tough it out on your own
24 November 2022
The ABA recently visited regional Victoria to see the impact of the recent floods first-hand.
The tour of Rochester and Echuca was set up to share the support available by banks and encourage customers affected to contact their bank.
The ABA also gathered feedback from impacted bank customers and the local community to hear what further help banks can offer to assist people to get back on their feet.
ABA team members unofficially attended a town hall meeting held by the Insurance Council of Australia as observers.
They also visited businesses damaged by the floods, including local bank branches, and provided information to on-the-ground financial counsellors and governmental emergency agencies so they could best support those affected.
After the floods: images of Echuca and Rochester
Latest news
Banks welcome Treasurer Jim Chalmers’ release today of draft regulations to lift the cap on covered bond issuance, a practical step that would help small and mid-tier banks access cheaper, more stable funding. ABA CEO Simon Birmingham said these changes, including streamlined reporting for smaller banks, are a welcome part of the Government’s broader productivity… Read more »
Banks have welcomed Shadow Treasurer Tim Wilson’s call today for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) to give more weight to economic growth in their decision making. ABA CEO Simon Birmingham said regulation that supports growth is key to lifting productivity across the economy. “Banks want to… Read more »
E&OETV InterviewInterview ABC Afternoon Briefing19 October 2026 Topics: Australia-EU free trade deal, investment benefits Patricia Karvelas: Simon Birmingham is the CEO of the Australian Banking Association, but he’s a former finance minister in a previous coalition government. And our guest, welcome to the program. Simon Birmingham: Hi, Patricia. Good to be with you again. Patricia… Read more »