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Showing 11 - 20 of 44 results for "Australian Banking Association"

Reference checks should cover all advice: FPA

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... be required to comply with reference checking and information-sharing regulations like what the Australian Banking Association has in place (Recommendation 2.7). It was also recommended that advisers are bound by the same obligations as mortgage brokers ...

NAB names RBS alumnus as chief operating officer

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... Australia and head of wealth management in Asia Pacific. He was formerly the deputy chair of the Australian Banking Association, deputy chair of the UK Financial Conduct Authority practitioner panel and a director of Visa Europe. Matheson said he is ...

Australian Sustainable Finance Initiative launches

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020
... the work of other industry bodies such as the Responsible Investment Association Australasia, the Australian Banking Association, the Insurance Council or the Investor Group on Climate Change, but will be informed by those groups, he added. "The intention ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... bushfires which had a jarring impact on the economy long before the pandemic took hold." Meanwhile, the Australian Banking Association (ABA) said the budget is likely to cushion the economic blow of COVID-19. "This budget is a key milestone as we shift ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... responsibility' principle and removing the ambiguity of consumer lending laws to small business lending. The Australian Banking Association chief executive Anna Bligh welcomes the changes. "Australian banks understand their role in supporting customers ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... direct debit payment mechanism in place, the SuperStream or SG file is uploaded, along with an Australian Banking Association (ABA) file or a payment file that needs to be uploaded to a separate banking portal. "The person uploading the SuperStream file ...

Banks to assess loan deferrals

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... group of customers who have not resumed paying loans a result of the pandemic, according to the Australian Banking Association (ABA). Around 450,000 loan deferral customers will be assessed in September or October as they come to the end of a six-month ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... the best interests of those customers and allows support to be directed to those who need it," Australian Banking Association chief executive Anna Bligh said. "Encouragingly, many customers have already chosen to resume making repayments." Banks will ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... Australia chief executive Bernie Dean whether ISA employs Beck. "Tony works very closely with the Australian Banking Association," McPhee said. "I represent ME Bank to the ABA but Tony was a previous employee of the bank and we've kept him on to ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
... assist commercial landlords struggling to do the right thing by their tenants during the crisis. The Australian Banking Association's (ABA) small business relief package now extends to 98% of businesses with loans from an Aussie bank, with the loan threshold ...