Search ResultsShowing 1 - 10 of 13 results for "COBA"
Industry bodies react to APRA review
KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... for agreeing to actively focus more on competition in its decision-making processes. Chief executive Michael Lawrence said COBA's key recommendations, which included APRA better balancing competition with its other objectives, accommodating different ...
COBA appoints former ASIC executive
JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... executive will conduct a review of the Code of Practice adhered to by members of the Customer Owned Banking Association. COBA has appointed former ASIC executive general manager Phil Khoury to review the code which outlined the conduct and standards ...
Industry body rejects ABA banking code
KANIKA SOOD  |  MONDAY, 10 SEP 2018
... Association said the consumers that the ABA wants to bring into the fold with its new code are already protected strongly under COBA's code of practice. "This call by the ABA is somewhat gratuitous given that the COBCOP was always scheduled for review ...
New code should apply to all: ABA
HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... lenders should have to adopt the same standards to ensure industry consistency. The Customer Owned Banking Association (COBA) fired back, saying consumers already had strong protection under the Customer Owned Banking Code of Practice (COBCOP). "We are ...
Bank customer trust plummets: Research
KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... and product offering have also impacted satisfaction levels. In another survey, the Customer Owned Banking Association (COBA) found less than half (47%) of the 1000 participants it canvassed trust the big four banks. Australians are more likely to trust ...
Royal Commission backlash continues for banks: Research
JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... While the research shows Australians are considering switching providers - not moving away from the big four institutions - COBA chief executive Michael Lawrence believes the data is supportive of increased interest in the customer owned banking sector. ...
Government passes BEAR reform
JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... importance of customer owned banking and the vital role it plays in delivering diversity and competition in retail banking," COBA chief executive Michael Lawrence said. He added that it is critical to minimise regulatory expenditure on smaller banking ...
Morrison backs customer-owned banking reforms
KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... Turnbull Government's recognition of the customer-owned model as a real alternative and an important part of the economy. COBA acting chief executive Dominic Dunn said: "We have four million customers and $108 billion in total assets and we bring an ...
Banking body appoints chief executive
JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... 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 from 2007 to 2015, prior to which he held a range of roles in Australia and ...
Treasurer launches new financial system inquiry
KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... and a free subsidy from taxpayers in the form of an implicit guarantee that significantly lowers their cost of funding," COBA chief executive Mark Degotardi said. Such problems can be addressed by the PC, as well as empower consumers to find the best ...
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