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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.


Media Releases
Financial literacy should be meaningful to all: ABA
7 October 2016

Targeting the right information to people at different life stages is important to improve financial literacy levels, the Australian Bankers’ Association said today.

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Media Releases
Banks support wide choice in mortgage market
6 October 2016

Home buyers have more than 3,600 home loan products to choose from, at the lowest interest rates in half a century, the Australian Bankers’ Association said today.

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Media Releases
ISA claims about banks sidestepping FOFA ridiculous: ABA
4 October 2016

The Australian Bankers’ Association has today strongly rejected the claim by Industry Super Australia that banks ‘sidestep’ Future of Financial Advice protections when advising customers on superannuation.

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Media Releases
New voice for customers in complaints with banks
30 September 2016

The banking industry has today announced the guiding principles which will govern how banks help to make it easier for customers to resolve complaints.

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Media Releases
Banks will ensure staff pay structures put customer interests first
24 September 2016

The Australian Bankers’ Association has provided its submission to Mr Stephen Sedgwick’s independent review of commissions and payments in retail banking, confirming the industry’s commitment to meet changing expectations.

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Media Releases
Banks announce new hiring standards for financial advisers
20 September 2016

To help banks employ only competent and ethical financial advisers, the banking industry has today announced a new, improved way of hiring financial advisers.

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Publication
Agriculture in Australia: activity and financing
19 September 2016

This report highlights the importance of the agriculture industry to the Australian economy and the community, and how much banks lend for agriculture.

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Media Releases
ABA welcomes ASIC expansion of customer remediation
16 September 2016

The Australian Bankers’ Association has welcomed the Australian Securities and Investments Commission’s guidance on customer remediation programs released today.

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Speech
How the banking industry is working to build customer trust
13 September 2016

Speech by Steven Münchenberg, Chief Executive of the Australian Bankers’ Association. Delivered at the Conduct Risk, Culture & Regulation in Financial Services Conference.

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Media Releases
More time to have your say on bank employee pay
9 September 2016

The deadline to make a submission to the independent review of commissions and payments in retail banking has been extended to maximise the opportunity for public feedback, the Australian Bankers’ Association said today.

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Media Releases
Bank CEOs declare commitment to strengthen industry
31 August 2016

Bank chief executives have confirmed their commitment to respond to legitimate concerns raised about the industry.

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Media Releases
Labor re-hashes ‘terms of reference’ from own dissenting report
29 August 2016

After four months of silence on its terms of reference for a royal commission into banking, Labor has instead cut and pasted part of its May dissenting report from the PJC inquiry into impaired bank loans.

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Media Releases
Have your say on the Code of Banking Practice
24 August 2016

There is still an opportunity to make a submission to the independent review of the Code of Banking Practice, the Australian Bankers’ Association said today.

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Media Releases
Royal commission is pure politics
23 August 2016

Today’s revelation by Manager of Opposition Business, Tony Burke MP, that Labor intends to use its proposed royal commission to test the strength of the Government’s one-seat majority proves Labor’s motivations are purely political.

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Media Releases
Labor misleads on customer complaint claims
22 August 2016

The Australian Bankers’ Association has responded to Labor’s claim that a big increase in complaints is justification for a royal commission.

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Media Releases
Finance jobs growth drives labour market
18 August 2016

Employment in the finance and insurance industry has been a strong driver of employment growth over the past year, contributing to the resilience in the overall labour market, the Australian Bankers’ Association said today.

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Publication
Australian jobs in banking
18 August 2016

This report looks at employment in the finance and insurance industry, including the characteristics of banking employees, wages and flexible working conditions.

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Publication
Taxes and other levies paid by banks
11 August 2016

This report looks at the contribution of the Australian banking industry to government revenue through taxes and other levies, and compares this with the tax rates paid by banks in other countries and with the tax paid by other industries in Australia.

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Media Releases
ABA welcomes external dispute resolution review
8 August 2016

The Australian Bankers’ Association has today welcomed the release of the terms of reference of the Federal Government’s review into external dispute resolution.

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Media Releases
ABA responds to call for transparency on interest rates
5 August 2016

The Australian Bankers’ Association today responded to the Federal Government’s invitation for banks to brief a parliamentary committee on interest rate decisions.

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