ABA

Policy & Regulation

Tax reform needed over GST and public sector service funding

The Australian Bankers’ Association has called for a change to tax reforms as part of a review into how public sector services are funded....

Financial planning

ABA calls for greater client-centricity in banking reforms

The Australian Bankers’ Association has put its support behind positive comments from former auditor general, Ian McPhee, on bank reforms....

Financial planning

SA marginal seats hardened against bank tax

South Australians in key marginal seats have spoken out against the government’s bank tax and cited concerns for the state’s financial competitiveness. ...

Financial planning

ABA welcomes SA bank tax block

The ABA has welcomed SA’s Opposition in blocking the proposed SA bank tax as it would have a serious impact on ordinary households....

Policy & Regulation

Code of Banking Practice due at end of year

The ABA said today the industry’s Code of Banking Practice was on track to be finalised by the end of the 2017, which it said was ambitious but necessary....

Financial planning

Union urges NAB to shoulder responsibility

The Finance Sector Union has urged NAB chief executive, Andrew Thorburn to have the bank shoulder responsibility for compliance failures rather than blame financial plann...

Editorial

Making bank employment undesirable

Will the Government’s Bank Executive Accountability Regime combine with the Australian Bankers’ Association employment protocol to make employment in the banking sector a...

Financial planning

Bank employees union rejects ABA ‘bad apple’ protocol

The Finance Sector Union wants an independent Government regulator to handle background checks and other protocols aimed at weeding out financial services bad apples....

Policy & Regulation

ABA releases background check protocol

The ABA has released a new conduct background check protocol to clamp down on individuals with a history of misconduct and have moved between jobs undetected....

Financial planning

Bank tax contrary to national interest?

Weak economic growth highlights the need to maintain a strong banking industry, according to the Australian Bankers’ Association....

Policy & Regulation

ABA calls for bank levy impact statement

The ABA has called for the Government to undertake a thorough regulatory impact statement of the bank levy before the bill is passed through Parliament....

Policy & Regulation

ABA demands more bank levy detail

ABA chief executive, Anna Bligh has asked for more information on the bank levy modelling and its economic impact in a ‘truncated consultation period’....

Financial planning

Data sharing vital to future of banking industry

Financial technology and banking experts gathered at the Australian Bankers’ Association Communique have spoken in favour of better access to open data....

Policy & Regulation

Banks urge tougher conditions for planning licensees

The Australian Bankers' Association has urged the imposition of more onerous requirements on financial planning licensees, including capital adequacy....

Financial planning

Single path to EDR needed

An overarching gatekeeper which directs customers where to go to progress their complaint would strengthen the current EDR system, the ABA believes....