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.
The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.
For media inquiries contact [email protected] or 0475 741 007.
“Government and industry now have the opportunity to genuinely work together to drive Australia’s economic shift to a low carbon future”
“Since the Banking Code was first introduced in 1993, the process to independently review the Code has continued to deliver improvements.”
The CVA released today will inform future industry efforts in using scenario analysis as a tool for understanding climate change related financial risks.
The number of micro businesses grew 10% to 1.55 million in the year to June 2022. During the same period, the number of small businesses grew 3% to 955,861 after an extraordinary period of growth during the 2021 financial year, jumping 15% to 931,791.
“Agriculture in Australia has a proud record of overcoming extreme adversity, most recently meeting the challenge of major flood events head on. Banks are standing by to support customers affected and the message is to reach out to your bank if you need their support.”
“One of the most important steps customers can take to prevent scams today is to use PayID”
The Australian Banking Association (ABA) is encouraging farmers and small businesses in regional areas to remain vigilant for potential scams following a significant rise in 2022.
The Australian Banking Association (ABA) and the Australian Financial Markets Association (AFMA) have commenced exploring ways to collaborate in the interest of our respective members.
“the Government has laid the foundations to put Australia on a solid footing, whilst continuing support for important initiatives.”
“We think this is beneficial for lifting industry standards even higher.”
“I’m confident our respective sectors will play our role in navigating our way through the current challenges and the extensive transformation underway”
“The message from banks is clear: don’t tough it out on your own, call your bank as soon as you are able to, they are ready to help.”
“Banks are in a unique position to play a proactive role in identifying and assisting victim-survivors of financial abuse, a role Australian banks take very seriously,”
Don’t let a natural disaster become a financial disaster. Call your bank, they can offer a range of measures right now. Don’t tough it out on your own.
The ABA supports proposals which assist first home buyers to enter the housing market.
“The whole industry has worked closely with the Australian Government to make today’s regulations possible.”
Australian banks understand that there are still customers who need face-to-face services and those who need extra support in transitioning to digital services.
“Aspiring home buyers should contact a participating lender to discuss their circumstances.”
Banks have built strong cyber protection systems to keep their customers safe.
Bank branches will be closed on Thursday 22nd September due to the National Day of Morning.