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Revised Smarter Banking Booklet
The Australian Bankers’ Association (ABA) has released a revised financial literacy booklet called Smarter Banking: Make the most of your money. This booklet provides useful information and tips on how to open a bank account and make the most of your account, including accessing Internet banking.
Read more about this booklet in this media release
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Banking Facts and Figures
The ABA has compiled industry information from a variety of sources. Find out how many people are employed in the industry, how many bank branches are in Australia or how much banking contributes to our economic.
To read more – go to Banking Facts and Figures | |
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New fact sheet for students – don’t fall for a mule scam when seeking holiday jobs
Banks and the Australian Federal Police (AFP) have targeted university students to warn them about money mule scams when seeking holiday employment.
The Australian Bankers’ Association (ABA) and the AFP have prepared a fact sheet, ‘Warning to students – don’t get caught by mule scams’. It warns students of the scams which trap them into laundering money for criminals by becoming a money mule.
A money mule is someone who allows their bank account to be used to receive stolen funds which are transferred to a designated account (domestic or offshore) using a money-remitting or wire service, minus a commission payment. The mule is usually approached online via email, instant message or criminals may advertise on legitimate employment websites and publications.
Read the fact sheet |
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