(2/2) APRA's June 2018 ADI Statistics:
• the sector’s total deposits reached nearly $97 billion – collectively the fifth largest deposits pool in Australia, and
• the sector made pre-tax profit of $677 million in 2017-18 and paid $199 million in company tax. #morethan4
(1/2) APRA’s June 2018 quarterly ADI Performance Statistics released this week show that:
• total assets in the COB sector have surpassed $113 billion
• the sector’s total housing loans reached nearly $85 billion – collectively the fifth largest housing book in Australia
Great opportunity to present on the impact of regulatory change to the sector and our proposed Proportionate Regulatory Regime at the @DataAction Client Conference this week. Loved the theme: It’s a Jungle Out There #CustomerOwnedBanking#MoreThan4
Perfect slide for the setting! COBA CEO Mike Lawrence shares the #MoreThan4 message: we’re calling for regulation that is proportionate to the risk, size and complexity of the regulated entity and is tightly targeted to the regulatory objectives #CustomerOwnedBanking@DataAction
“Hiding in plain sight” - thanks for having us on this afternoon’s panel @DataAction to discuss the opportunity for #CustomerOwnedBanking institutions to market themselves to both consumers and government in the current financial services climate #OwnYourBanking#MoreThan4
Congratulations to @QudosBank on the successful launch of their new mobile app ! The DA /Fusion team is incredibly proud to have worked with you, and judging by the 5 star reviews it’s winner in the eyes of customers!