Anna Bligh

Financial planning

Deferred loans drop by near 70% from pandemic peak

The value of deferred loans has fallen from $250 billion at its peak in June to $86 billion....

Financial planning

Repayments resume on almost half of deferred loans

Almost half of deferred mortgages and small business loans have resumed, according to data from the Australian Banking Association (ABA)....

Financial planning

Six-month home loan assessments begin

Banks are contacting customers for their six-month home loan deferral assessment to discuss the next stage of support and assistance....

Financial planning

Australians can 'rest easy' over credit rating

Australians who have been granted a deferral on their loan repayments will not have their credit rating impacted, so long as they were up to date with repayments prior to...

Financial planning

Aussie consumers unafraid to switch banks

More than two million Australians switched banks last year as competition grows between providers, according to the Australian Banking Association....

Policy & Regulation

Banking industry committed to working with government on RC changes

The ABA has welcomed the Government’s timetable for legislative change, with eight of the 76 Royal Commission recommendations targeted at the banking industry....

Financial planning

End grandfathering this year says ABA chief

The Australian Banking Association has called on both sides of politics to act on ending grandfathered commissions this year....

Financial planning

ABA moves to protect vulnerable clients

Elder financial abuse, violent relationships, and unexpected long-term illness are all issues that the Australian Banking Association hopes to address in its new vulnerab...

Financial planning

ABA pushes for end of fees from the deceased and grandfathering

After Royal Commission testimony revealing banks charged deceased clients fees, the Australian Banking Association has announced reforms to the Banking Code of Practice t...

Financial planning

ABA calls for stronger action on elder abuse

The Australian Banking Association has welcomed the Federal Government’s decision to create a national register of power of attorney orders, but says that more is needed ...