Customer-owned banks: Regulatory Initiatives Grid pilot a good first step, but regulator coordination is crucial

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The Customer Owned Banking Association (COBA) welcomes the Regulatory Initiatives Grid pilot but emphasises the need for regulator coordination to ensure it delivers on its promise of easing the regulatory burden

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Customer-owned banks welcome Parliamentary report which finds regulatory burden a threat to competition

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The Customer Owned Banking Association (COBA) and its member banks welcome the findings of the Better Competition, Better Prices report from the House of Representatives Standing Committee on Economics following its inquiry

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Customer-owned banks welcome introduction of Regulatory Grid

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The Customer Owned Banking Association (COBA) and its members are pleased to welcome the Government’s decision to introduce a Financial Sector Regulatory Initiatives Grid following extensive advocacy by COBA. In yesterday’s

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Customer-owned banks as a group are the most trusted banks in Australia

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Roy Morgan’s Customer Owned Banking Association – Trust and Distrust Scores Report showed customer-owned banks collectively lead the table when it comes to consumer trust in banking, recording a higher Net Trust

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Customer-owned banks committed to regional Australia; calls for better regulatory coordination and mandates

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The Customer Owned Banking Association’s (COBA) submission to the Senate inquiry into regional banking branch closures highlights the sector’s commitment to regional Australia, and outlines what it considers the best

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Customer-owned banks serve the most satisfied banking customers

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Roy Morgan’s Consumer Banking June 2022 Australia report shows the mutual sector continues to out-perform major banks in terms of customer satisfaction, something the Customer Owned Banking Association (COBA) says

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COBA says legislative reform will spur bank sector competition

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Legislation to allow Australia’s customer owned banking sector to more easily raise capital will increase its ability to compete with the nation’s major banks. “We welcome the Government’s draft bill,

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Historic reforms to spur real competition in banking

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Release yesterday of a draft bill to lower barriers to capital raising by mutual banks, credit unions and building societies is a significant step forward in promoting competition in banking.

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Customer-owned banking sector outpaces major banks

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APRA’s quarterly banking figures indicate that customers have faith in the customer-owned banking sector. “Given the damage to the reputation of the broader banking sector due to misconduct exposed by

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