Data Action

(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