Submissions 2013

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Unclaimed monies – law changes
29 May 2013
Laws about unclaimed money changed in December 2012. They state that accounts which have not received a deposit or a withdrawal for three years or more are to be treated as unclaimed monies. In this situation, banks are required to close the account and transfer the monies to the Commonwealth Government.
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Response to Herald Sun “Your hip pocket” by Karina Barrymore, page 38
27 May 2013
Response to Herald Sun “Your hip pocket” by Karina Barrymore, page 38
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The Australian Bankers’ Association (ABA) submission to the Australian Prudential Regulation Authority regarding Supervision of conglomerate groups – 1. Group governance and risk exposures
22 Mar 2013
The ABA provided comments to the Australian Prudential Regulation Authority response paper, Supervision of conglomerate groups – 1. Group governance and risk exposures, and draft prudential standards.
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The Australian Bankers’ Association (ABA) submission to the Treasury re Exposure Draft – Corporations Amendment Regulation 2013 (Grandfathering )
21 Mar 2013
The ABA provided comment on the Exposure Draft – Corporations Amendment Regulation 2013 (Grandfathering)
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Delivering what the community wants
14 Mar 2013
Speech by Steven Münchenberg, Chief Executive Officer of the Australian Bankers’ Association Delivered at the AB + F Mortgage Innovation Forum
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Australian Bankers’ Association’s submission to The Treasury on Tax Agent Services Act (TASA): Tax Laws Amendment (2013 Measures No.#) Bill 2013: Tax agent services
11 Mar 2013
Australian Bankers’ Association’s submission to The Treasury on Tax Agent Services Act (TASA): Tax Laws Amendment (2013 Measures No.#) Bill 2013: Tax agent services
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The Australian Bankers’ Association (ABA) submission to Centrepay Review Team regarding the Independent Review of the Centrepay system
8 Mar 2013
The ABA supports money management as a key principle and objective of Centrepay. However we are concerned that the current structure and administration of the Centrepay scheme may result in negative outcomes for Centrelink recipients that are contrary to the stated objectives. The ABA’s concerns relate to three areas: firstly, access to the Centrepay system by business participants; secondly affordability; and thirdly alternative mainstream financial products and services.
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Response to AFR “RBA quietly increases buffer for our banks” p15 and “RBA opens pandora’s crisis line, p22 by Christopher Joyce (published)
1 Mar 2013
Response to AFR “RBA quietly increases buffer for our banks” p15 and “RBA opens pandora’s crisis line, p22 by Christopher Joyce (published)
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Response to Fairfax newspapers “The banks’ big lies” by Michael West
1 Mar 2013
The same column was published in “The Age”, “The Sydney Morning Herald” and other publications the Fairfax stable. The ABA sent this letter to those publications.

What’s new

Landmark reform package
11 Dec 2017
Read the full landmark reform package that will improve consumer outcomes and confidence in mortgage broking, prepared by the Combined Industry Forum.
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ABA blog

Banking Code signals new era of rebuilding trust
Anna Bligh, Chief Executive, Australian Bankers' Association
Read more 2 Jan 2018

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