14 October 2019
Australia’s banks stand ready to assist the ACCC in this inquiry. Banks are no stranger to public scrutiny and look forward to the opportunity to cast more light on mortgage pricing and the many important factors that influence the setting of interest rates.
The first priority of Australia’s banks is the implementation of the Royal Commission. Banks are also working night and day to prepare for the Consumer Data Right to empower customers to more easily shop around for the financial service that best meets their needs.
ENDS
Contact: Rory Grant 0475 741 007
Latest news
E&OE Radio Interview 2SM Breakfast 18 November 2025 Topics: Black Friday scam warning; Meta hosting scam ads Tim Webster (Host): Now we’ll remind you about all of this regularly, because there’s too much going on, it’s just not funny and we’ve done it a couple of times already today, and we’ll continue to do it. Shoppers are being urged to be wary of dodgy deals, because the Black Friday sales are pretty much on, and it’s you know, they’re on but there’s no specific Friday. So nearly $40 million was lost to buying… Read more »
E&OE Radio Interview FiveAA Breakfast 18 November 2025 Topics: Major banks to front House Economic committee; Scams and Meta; Concept of 50-year mortgage Host: Well, the bosses of the big four banks have made their annual pilgrimage to Canberra to be quizzed by politicians on a range of issues that will go to employment, lending practices, scams and so forth. Simon Birmingham is the… Read more »
E&OE Host: Black Friday sales are becoming increasingly popular as many South Australians look to stretch their budgets in the lead up to Christmas, but we’re being warned about a number of scams and dodgy deals to steer clear of. Simon, Birmingham, CEO of the Australian Banking Association, joins us now, Simon, thanks to your… Read more »