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Showing 11 - 18 of 18 results for "Customer Owned Banking Association"

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
The Customer Owned Banking Association named a former AMP Bank managing director as its new chief executive. Bringing more than 30 years' experience in financial services, Michael Lawrence will lead COBA from December 4, 2017. Lawrence led AMP Bank ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... a surplus, the levy should be removed once a surplus is reached, they said. Conversely, the Customer Owned Banking Association chief executive Mark Degotardi told the Senate committee the levy was a "modest step" towards reducing the unfair funding cost ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... More competition means more choice, lower prices and better service for Australian customers." Customer Owned Banking Association chief executive Mark Degotardi was positive about this news, saying: "We welcome the Government's announcement that ADIs ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... Morrison said. It follows from the review of the major banks, which wrapped up in March. The Customer Owned Banking Association said fast-tracking the inquiry has been a top priority for mutual banks, credit unions and building societies pushing for ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... choose from 150 APRA-regulated providers, 3600 home loan products and 190 credit cards." The Customer Owned Banking Association was more amenable to the provisions to improve competition. COBA chief executive Mark Degotardi argued: "Based on certain ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... amount of fees levied matches the level of regulation and resources required for ASIC." However, Customer Owned Banking Association chief executive Mark Degotardi disagreed, suggesting ASIC's costs should only be subsidised by institutions "responsible ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... big bank behaviour like losing market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that while penalties for past misconduct may deliver justice to victims ...

Consumers ask banks to disclose brand ownership

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... but they are not - and people need to know that so they can make an informed decision." The Customer Owned Banking Association (COBA), representing credit unions, building societies and mutual banks, is also calling for greater disclosure. The same survey ...
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