Australian Banking Association

Australian Banking Association The ABA provides analysis, advice and advocacy for the nation's banking industry and contributes to the development of related public policy.

The Australian Banking Association advocates for a strong, competitive and innovative banking industry that delivers excellent and equitable outcomes for customers.

17/05/2024

If you’re worried about making your loan repayments, contact your bank as soon as you can. Your bank is there to help you.

They have a dedicated team to talk through your options.

Visit the ABA’s Financial Assistance Hub today:
https://www.ausbanking.org.au/financial-assistance-hub/

30/10/2023

Please talk to your bank.

The ABA was pleased to participate in two Lismore community roundtables on housing and business issues. Housing Minister...
01/02/2023

The ABA was pleased to participate in two Lismore community roundtables on housing and business issues. Housing Minister Julie Collins, Special Envoy on Disaster Recovery Senator Tony Sheldon, and local state member Janelle Saffin led discussion on what needs to be done in the Northern Rivers to recover, and how it can become more resilient in the future.

22/12/2022

❌ Don't let scammers ruin your Christmas! 🎄

According to the Australian Banking Association, scammers are targeting people by pretending to be from a bank, pressuring them to transfer funds or give away their personal details.

It's important that you remain vigilant throughout the holiday season.

Below are a number of things you should consider during this time:
- Remember that we will never ask you to transfer funds to another account over the phone
- Avoid providing any banking information or passwords over the phone to someone you don't personally know
- Be cautious of unsolicited callers requesting you to download remote access software to access your device so they can assist you resolve an urgent issue
- Never click on suspicious emails, links, or texts
- Don't share your personal information or give money if you're unsure
- Immediately report any unusual activity on your accounts

Remember that we'll never ask for your account or personal details by text or email, nor threaten to cancel your account if you don't pay immediately.

Wherever possible, use PayID and apply extra security measures such as two-factor authentication to help you bank more safely.

Fast tracking Australia’s green economy and establishing Australia as a green energy powerhouse.The ABA welcomes the gov...
12/12/2022

Fast tracking Australia’s green economy and establishing Australia as a green energy powerhouse.

The ABA welcomes the government’s announcement of a consultation paper on the development of a new sustainable finance strategy.

Treasurer Jim Chalmers spoke at NAB’s Sydney headquarters this morning.

Find out more here: https://www.ausbanking.org.au/aba-welcomes-decisive-action-on-climate-change/

02/12/2022

Farmers may experience financial hardship and be unable to service their financial debts leading to farm foreclosures. To help mitigate this, the Australian Government has worked with National Farmers' Federation, Australian Banking Association , and other key stakeholders to develop Australia’s first National Better Practice Guide for Farm Debt Mediation.

The guide aims to:
👉provide high-level principles to use when considering how best to approach issues regarding farmers in financial difficulty
👉 outline the key principles for fair and effective debt resolution for all stakeholders involved where a farm business is experiencing financial difficulty
👉 provide high-level guidance on how to resolve farm debt issues rather than prescribing detailed processes and procedures.

Farmers and lenders will benefit from accessing a set of transparent and nationally consistent practices of debt resolution across states.

This resource may help reduce the financial burden facing some farmers, by providing a resource that they can use to facilitate discussions with their lenders that lead to mutually beneficial outcomes. For more information about farm debt mediation visit: https://buff.ly/3AYP3Ht

Outstanding finance to small business in August 2022 was $142b, up from $132b in Q2 2022. The number of micro-businesses...
28/11/2022

Outstanding finance to small business in August 2022 was $142b, up from $132b in Q2 2022. The number of micro-businesses in Australia grew 10% to 1.55m in the year to June 2022. Small businesses also grew (3% ) to 955,861, after an extraordinary 2021, jumping 15% to 931,791.

27/11/2022

The total value of outstanding finance to small businesses was $142b in August 2022, returning to the medium-term average, after having dropped to under $138 billion in the second quarter of 2022. Find out more in the ABA's SME Lending Report 2022: http://ow.ly/ohwU50LNkSP, launched at the recent roundtable with Council of Small Business Organisations Australia and Australian Small Business and Family Enterprise Ombudsman.

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Sydney, NSW

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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