HomeView 2013 Media Releases

2013 Media Release Archives

The banking watchdog has today confirmed that the big four banks are now so big that they need more intense oversight and higher capital to combat their “too big to fail” risk to our economy.

Today’s headlines about super savings being pushed into low-return accounts that help boost the profits of the big four banks highlight the task ahead of the newly appointed Financial System Inquiry panel.

The Customer Owned Banking Association today congratulated the winners of Money Magazine's Best of the Best Awards, which demonstrates the value on offer from customer owned institutions.

Consumers are being urged to take simple steps online and on mobile phones when buying presents this Christmas.

The Customer Owned Banking Association has challenged consumers to make sure they’re not missing out on the best Christmas credit card deal.

COBA today welcomed a KPMG report that shows the customer owned banking sector is in great shape, with a solid foundation for growth.

The unfair advantages enjoyed by the big four banks must be a key target for the Financial System Inquiry (FSI) formally announced last night by the Federal Government.

The big four banks’ $27 billion profit result shows what a great job they are doing for shareholders so why do they need a massive, hidden taxpayer subsidy?

COBA today announced three new Directors following its Annual General Meeting today.

The annual convention for the customer owned banking sector officially opens in Melbourne today.

COBA welcomes the release for public consultation of draft amendments to APRA’s prudential standards on capital to accommodate the customer-owned model.

The Customer Owned Banking Association today celebrated International Credit Union Day and pointed to local activity that is raising important awareness and funds for developing communities.

The Customer Owned Banking Association today encouraged Australians to get involved in MoneySmart week by using online tools and mobile apps to take control of their finances.

The Customer Owned Banking Association today congratulated award winning credit unions, building societies and mutual banks from the AFR Smart Investor Blue Ribbon awards.

The Customer Owned Banking Association today said the latest consumer research shows the customer owned model is the clear leader in banking customer satisfaction.

The Customer Owned Banking Association says the Government's Financial Stability Fund (FSF) levy should target the four major banks rather than depositors.

The Customer Owned Banking Association today raised concerns about a proposed levy on banking institutions but welcomed consultation with the Federal Treasurer Chris Bowen on the issue.

The Customer Owned Banking Association will host a free community event in Adelaide’s Hindmarsh Square next week to help push for a review of Australia’s banking system.

The Customer Owned Banking Association today welcomed the formation of a new Business Council designed to raise further awareness and interest about customer owned businesses.

The Customer Owned Banking Association will mount a pre-election push for a an independent banking inquiry, by visiting Prime Minister Kevin Rudd's home state of Queensland starting next week.

Credit card customers should take stock of the interest rates they are currently paying after independent data today revealed a substantial saving is available through customer owned banking.

A new name in banking launches today that will challenge the dominance of the major banks across the country.

Australia’s industry body for customer owned banking today urged the 4.5 million customers it represents to protect themselves against online scams by learning about the top 5 tips as part of National Consumer Fraud Week.

A national campaign pushing for more banking competition through an independent inquiry will visit communities in Canberra, regional Victoria and Melbourne starting this Thursday (June 6).

Australia's customer owned banking industry today welcomed APRA's publication for the first time of aggregated statistics that better reflect the overall strength and growth of credit unions, building societies and mutual banks.

The customer owned banking sector today supported National Cyber Security Awareness Week and urged Australians to take simple steps to maintain online and electronic security.

Regional communities across Australia will have a vehicle to take on the big banks and send a message to Canberra with the announcement today of a Balance Banking Campaign Bus Tour, starting in Newcastle and Cessnock this week.

The customer owned banking industry today said Westpac's comments regarding its multi-branding strategy show a disregard for Australian consumers.

Latest independent research shows the customer owned banking sector is the market leader on customer satisfaction, offering everyday Australians a balanced approach to banking that rivals can't match.

Today's APRA Quarterly Statistics show the customer owned banking sector is in a strong position but could offer greater competition through a more balanced approach to banking.

A new national campaign launches today to change the face of banking in Australia.

Australia's customer owned banking sector has begun 2013 with the most satisfied customers in Australia after the release of the latest Roy Morgan Research figures.

Abacus today reassured Australian families looking to ease the burden of back to school education costs.

Australia’s customer owned banking institutions are supporting the fire relief effort in Tasmania and other areas across Australia by offering hardship emergency assistance to customers.

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Media Contacts

Mick Gibb
Corporate Affairs Manager
P: +61 2 8035 8444
M: +61 423 149 494
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