RBA data reveals the average interest on small business loans is the lowest it has been since at least 1993, with owners paying $9 billion less than they were six years ago, according to the Australian Bankers’ Association (ABA). Noting that small businesses are a significant driver of the economy, ABA Chief Economist Tony Pearson […]
The Australian Bankers’ Association (ABA) has come out and labeled the current debate on banking regulation in Australia spearheaded by Labor’s Wayne Swan and the Liberal’s Joe Hockey as “long on rhetoric but short on facts”.
The Australian Bankers Association has strongly criticised Labor’s “Fairer, Simpler Banking” policy on credit cards unveiled by Julia Gillard, Wayne Swan and Chris Bowen.
Families in Australia are paying more than $200 a month in bank fees/charges, according to research from the Australia Institute.
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