Financial services built on integrity

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Social responsibility – not corporate profits

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A different kind of banking

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The Mutual Difference - it all comes back to you

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Submissions »

Consultation Paper 126 Facilitating Debt Raising

Abacus has lodged a submission with ASIC in relation to the Consultation Paper 126 Facilitating Debt Raising.

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Super System Review

Abacus has lodged a submission to the Review into the Governance, Efficiency, Structure and Operation of Australia’s Superannuation System.

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Abacus 2010-11 Pre-Budget Submission

Abacus has submitted a pre-Budget submission to Treasury. The submission calls upon the Government to take urgent action in adopting pro-competitive policy measures in the retail banking sector. The submission also proposes measures to encourage savings for post-compulsory education and savings for health insurance, establishment of a national free or low-cost debt counselling service and an enhancement of the Green Loans Program.

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Media Releases »

Action needed to promote competition in banking

Confirmation from the RBA that major banks have fattened their margins above pre-crisis levels increases the need for more Government action to promote competition in retail banking.

Building societies, credit unions stay well ahead of banks

Abacus – Australian Mutuals today offers its congratulations to banks for reaching record levels of customer satisfaction and urges banks to try harder to match the vastly superior satisfaction ratings of building societies and credit unions.

Credit unions, building societies join national taskforce in fighting online fraud

Credit unions and building societies have joined with the Australasian Consumer Fraud Taskforce in its National Fraud Week, March 1-7, aimed to create public awareness to help combat online scams.

Abacus - Australian Mutuals

Abacus is the industry body representing the Australian mutual sector, comprising credit unions, mutual building societies and friendly societies.

The core values of these mutual organisations are based on cooperation, moral integrity, trust, financial prudence and social responsibility. Abacus provides a strong, unified presence for its members and supports their growth and competitiveness in the financial services market.

To find out more about Abacus, click here.