Natural Disaster Assistance
https://www.ausbanking.org.au/natural-disaster-assistance/Strengthening and streamlining the industry's response to natural disasters will increase Australia's economic resilience.
View Page38 results for "natural disasters"
Payment Times Reporting Act
https://www.ausbanking.org.au/wp-content/uploads/2023/03/20230303-ABA-Submission-Payment-times-reporting-act.pdfPublished on 3 March 2023
The ABA supports the policy objective that large businesses pay small businesses on time. Banks have taken a range of steps to support small business customers throughout the COVID-19 pandemic and following recent major natural disasters. As a relatively new reporting regime, the ABA considers there is room to improve the scheme to ensure greater efficiency while maintaining or improving its effectiveness.
Download PDFShared responsibility in drought support
https://www.ausbanking.org.au/wp-content/uploads/2021/07/ABA-Submission_-Shared-Responsibility-in-Drought-Support.pdfPublished on 21 July 2021
Banks in Australia have a strong history of helping agri-business customers through difficult times. Banks provide a range of services to help farming customers experiencing not only the effects of drought but also natural disasters or other circumstances outside their control. The ABA welcomes the Government's continued support regarding the existing provisions of in-drought support measures.
Download PDFLessons learned from the Australian bushfire season 2019-20
https://www.ausbanking.org.au/wp-content/uploads/2020/05/202005XX-Senate-Committee-For-Bushfires.pdfPublished on 22 May 2020
The ABA has set up a natural disasters work program that reports to our 16 Council members in order to clarify, strengthen and streamline the banking industry’s response to natural disasters to ensure that they have the right tools for the job at the right time. By the beginning of March 2020, the major banks had provided bushfire assistance grants totalling $7.6 million to more than 4,000 customers across Australia. The banks had also raised more than $42 million in donations to help devastated communities and assisted more than 3,500 customers with financial relief packages of the types described below.
Download PDFBanks back Aussie farmers with record lending
https://www.ausbanking.org.au/banks-back-aussie-farmers-with-record-lending/Published on 15 November 2024
Australian banks continue to back growth and innovation across the farming sector with agribusiness lending now at record levels, exceeding $131 billion for the first time. The Australian Banking Association is highlighting the banking sector’s ongoing support for Aussie farmers this National Agriculture Day. Lending to agribusinesses has skyrocketed over the last year, rising 9.4 per cent in... Read more »
View PageBanks stand ready to support Far West NSW communities impacted by recent storms
https://www.ausbanking.org.au/banks-stand-ready-to-support-far-west-nsw-communities-impacted-by-recent-storms/Published on 1 November 2024
Banks stand ready to support Far West NSW communities hit by recent storms and ongoing power outages. ABA CEO Anna Bligh acknowledged that many households and businesses in the Far West were still feeling the effect of this severe weather event. “My message to customers in these communities, is please reach out to your bank... Read more »
View Page2025 Banking Code of Practice | Screen Reader Friendly
https://www.ausbanking.org.au/2025-banking-code-of-practice-screen-reader-friendly/ View PageInquiry into insurers’ responses to 2022 major floods claims
https://www.ausbanking.org.au/wp-content/uploads/2024/08/20240705-Final-ABA-submission-to-2022-floods-inquiry.pdfPublished on 29 July 2024
Banks play an active role to support customers during natural disasters. ABA’s submission is made in two parts, first, outlining banks’ active support of customers during natural disasters and second, responding to the questions in respect to impacts of insurance unaffordability put to the ABA.
Download PDFInterview on ABC Brisbane about agreement with Armaguard
https://www.ausbanking.org.au/interview-on-abc-brisbane-about-agreement-with-armaguard/Published on 25 June 2024
Cathie Schnitzerling: The country’s largest banks, along with the big supermarkets like Coles and Woolworths, Bunnings and Australia Post, have agreed to pay Armaguard $50 million to ensure that cash can get to you and me for the next year. But after that, it’s still not clear whether there will be a sustainable way to... Read more »
View PageAnna Bligh Interview with ABC Radio Brisbane, discussing future of cash and Digital ID
https://www.ausbanking.org.au/anna-bligh-interview-with-abc-radio-brisbane-discussing-future-of-cash-and-digital-id/Published on 3 April 2024
Steve Austin Well as you know, the Commonwealth Government has made it clear they consider access to cash a priority for the Australian economy and the country’s largest banks, as well as Coles, Woolworths, companies like Wesfarmers and Australia Post have been trying to put together a short term lifeline for Armaguard, who’s the company... Read more »
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