News

The Chairman of the Australian Bankers’ Association, Andrew Thorburn, today announced that Steven M�_nchenberg will be stepping down as Chief Executive of the ABA.

The Australian Bankers’ Association has today welcomed the announcement of the Australian Securities and Investments Commission Enforcement Review Taskforce and terms of reference.

The Australian Bankers’ Association has welcomed today’s release of an information paper by the Australian Prudential Regulation Authority on the risk culture of financial institutions.

The Australian Bankers’ Association has today welcomed the Federal Government’s announcement that it will introduce new legislation into Parliament this year to create a new independent body to set higher professional standards for financial advisers.

The Australian Bankers’ Association has supported today’s comments by Chairman of the Australian Prudential Regulation Authority, Mr Wayne Byres, about the concerns of mandating rate tracker mortgages for all authorised deposit-taking institutions.

A new national poll by Galaxy Research shows a sharp drop in public support for a royal commission into the banking sector.

The Australian Bankers’ Association has today opened public consultation on how banks can better support and protect staff who call out poor behaviour that harms customers.

The Australian Bankers’ Association has today called for improvements in the way customers can have their complaints heard independently if their bank is not able to resolve issues.

The Australian Bankers’ Association today acknowledged the House of Representatives Standing Committee on Economics’ Inquiry this week had provided a valuable forum for major banks to respond to issues of interest to the Committee and outline the progress already being made to address them.

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

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.

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.

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

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.

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

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

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

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

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.

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