Australian Banking Association
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The Australian Banking Association (ABA), formerly the ''Australian Bankers' Association'', is the
trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry tra ...
for the
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
n
banking industry {{set category, first= industries (branches of an economy), alternative=industries, topic=Industry (economics) For other meanings of "industries", see :Industries. ...
. The ABA was founded in 1985 and is based in
Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
,
New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...
. The ABA represents twenty-two banks and associate members. It provides analysis, advice, and advocacy for the banking industry and contributes to the public policy development on banking and other financial services. The Australian Banking Association (ABA) is also the information source for the news media on the Australian banking industry by providing information, analysis, and context on industry issues. The ABA's stated goal is to advocate and promote policies for improvements and development of the banking industry through advocacy, research, policy expertise, and thought leadership. In 2020, under the
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
Anna Bligh Anna Maria Bligh (born 14 July 1960) is a lobbyist and former Australian politician who served as the 37th Premier of Queensland, in office from 2007 to 2012 as leader of the Labor Party. She was the first woman to hold either position. In 2 ...
, the ABA's public profile has risen due to the industry's response to Australia's "
Black Summer ''Black Summer'' is a comic book limited series written by Warren Ellis, illustrated by Juan Jose Ryp, and published by Avatar Press starting in June 2007. The plot revolves around the consequences of a superhero, John Horus, who kills the Pres ...
" fires, and collective measures to help cushion the economic impact of the
COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
.


Characteristics

The Australian Banking Association’s members are 22 banks from across Australia. The ABA works with the government, regulators and other stakeholders to improve public awareness and understanding of the industry’s contribution to the economy.


Leadership


Chairmen

The following served as
Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of the Association:


Chief Executive Officers

The following served as
Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
s of the Association:


See also

*
Banking in Australia Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country, and a large number of o ...
* Bank nationalization in Australia *
Financial regulation in Australia Financial regulation in Australia is extensive and detailed. History In 1984 the Australian Government established the Financial System Inquiry following a period of financial deregulation that started in the early 1970s. In 1997, leading bu ...
*
Four pillars policy The four pillars policy is an Australian Government policy to maintain the separation of the four largest Banks of Australia, banks in Australia by rejecting any M&A, merger or acquisition between the four major banks. The policy, rather than form ...
*
Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, also known as the Banking Royal Commission and the Hayne Royal Commission, was a royal commission established on 14 December 2017 by the Austra ...
*
Too big to fail "Too big to fail" (TBTF) and "too big to jail" is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the great ...


References

Advocacy groups in Australia Banking in Australia Banking industry Bankers associations 1985 establishments in Australia {{Bank-stub