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Fifteen banks will continue to provide fee-free ATM services for customers located in some of Australia’s most remote communities.
After hundreds of hours of development and more than 50 meetings with banks and key stakeholders over the past nine months, the new Banking Code of Practice has been sent to ASIC for approval.
Representatives of Australia’s mortgage broking industry have prepared a landmark reform package that will improve consumer outcomes and confidence in mortgage broking.
Australia’s banks have welcomed the Prime Minister’s decision to take action and provide certainty to the Banking industry to the benefit of the national economy and all Australians. Banks will fully co-operate with the Royal Commission.
Former Disability Discrimination Commissioner, Mr Graeme Innes AM, has been appointed by the Australian Bankers’ Association to head up a review of existing electronic accessibility standards.
A recent survey has found that Australians believe that banks are better at keeping their personal data secure than government agencies, online retailers or social media platforms.
Renewed calls for a Royal Commission into Australia’s banks fail to recognise that they are now undergoing the greatest program of reforms seen in decades.
The Australian Bankers’ Association has welcomed the South Australian Government’s decision to abandon its plans to introduce a bank tax.
The Australian Bankers’ Association has welcomed the prospect of increased competition and a better deal for consumers, but believes the comprehensive credit reporting regime announced by the Treasurer raises some important questions.
There are now just a matter of days before the South Australian Parliament decides to either protect South Australian jobs and investment, or undermine them, by introducing an unpopular bank tax.
Reports today that almost 75 per cent of small and medium South Australian businesses oppose the state Government’s planned bank tax demonstrate again that the proposed levy should be dumped before it further damages the SA economy.
The Australian Bankers’ Association has welcomed the latest progress report from former auditor-general Mr Ian McPhee AO PSM, which has found that banks are on track regarding the six reform initiatives.
The Australian Bankers’ Association today resolved to nominate ANZ Chief Executive Officer Shayne Elliott as Chair at its Annual General Meeting in early December.
The Australian Bankers’ Association has today welcomed Senator Nick Xenophon’s commitment to put South Australians first and reject the proposed new SA bank tax.
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.
Australian Bankers’ Association Chief Executive Anna Bligh today welcomed the South Australian Property Council’s call for the South Australian bank tax to be dumped.
South Australians are being given the opportunity to voice their concerns about the Government’s plan for a new tax on banks.
Statement from Anna Bligh, Australian Bankers’ Association Chief Executive
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.