News

The Senate Finance and Public Administration Committee delivered its report on the Data Availability and Transparency Bill 2020.

The pandemic accelerates the shift to online banking as hundreds of branches close across Australia, leaving locals in country towns worried. Anna Bligh appears on behalf of the ABA.

Interviewed by ABC Life Matters’ Hilary Harper, ABA CEO Anna Bligh discusses how changes in customer behaviour, accelerated by COVID-19, are driving changes in banking and banking services. TRANSCRIPT SPEAKERS: ABC Life Matters Hilary Harper, ABA CEO Anna Bligh Hilary Harper: Anna Bligh from the Australian Banking Association, Anna thanks so much for joining us… Read more »

Transcript of House of Representatives Standing Committee On Economics – Australia’s four major banks and other financial institutions: four major banks.

The following consultations are expected to be released soon: Climate change financial risk prudential practice guide (PPG) expected April 2021. Remuneration PPG expected April/May 2021. Prudential Standard APS 111 Capital Adequacy: Measurement of capital expected April/May 2021. There will be two parts: a response to the Oct-19 consultation; and a consultation on additional issues not… Read more »

Join Federal Treasurer The Hon Josh Frydenberg, RBA Governor Phillip Lowe, ABA CEO Anna Bligh and more on Wednesday 30 June.

Drawing insights from over 8,500 banking customers and 130 banking executives surveyed in 23 markets, the report explores an era where banking is invisibly embedded within the customer lifecycle, providing a sustainable experiential customer journey. From Capgemini Research Insititute and Efma.

Australian banks are urging state and territory governments to adopt consistent laws on powers of attorney to prevent elder financial abuse

An interesting article on small business lending in RBA’s bulletin this quarter. I think much of this analysis was drawn on in the RBA deputy governor, Christopher Kent’s, speech 17 March.

The messaging is consistent with a lot of what our banks are saying – small business don’t want to borrow as they don’t want to take on the risk and prefer to fund any expansion themselves.

Australian banks are supporting communities in New South Wales after torrential rain and floods in parts of the state. 

It is a busy month as we all put together our final submission to APRA’s Capital Framework consultation on 1 April 2021.   Read the latest: Upcoming prudential consultations and policies Recently released consultations Finalised prudential requirements ABA current prudential work program ABA submissions to recent consultations, and Recent ADI prudential releases of interest

The number of outstanding households and businesses who deferred their loan repayments during the pandemic continues to shrink.

New figures from the Australian Banking Association show that almost 97 per cent of all deferred loans had resumed payments by the end of February.