Bank Australia

Take a look at our branch staff in their new uniforms! Our new uniform was created through the help of our branch staff and Cargo Crew, a purpose-driven business with a passion for original design and a single-minded focus on creating quality items that last. Through Cargo Crew we were able to recycle our old uniforms, helping to prevent fabrics from ending up in landfill. Visit one of our branches to see our new uniforms for yourself. 👀

Red-Tail Black Cockatoo Recovery Team assemble! Meet Richard Hill, who told us about the critical work to protect this endangered native bird. 🪶 The Recovery team has been operating since 1997 and has a broad membership of farmers, scientists and government and non-government agency representatives. Together they monitor cockatoo populations and threats, habitat protection and restoration, community education and research. These cockatoos, found in the the south-east of South Australia and south-west Victoria depend on stringybark, buloke and gum habitats and trees for feeding and nesting. At our reserve, we partner on projects to help the Red-Tail Black Cockatoo thrive, through climate-adjusted seedings and supporting the plants they need for survival. 🌱 We're so proud to be working alongside Richard Hill and the rest of the Red-tailed Black Cockatoo Recovery Team who've helped in providing feeding and nesting habitats for the cockatoo across the reserve. Keen to know more about the conservation work that goes on Wotjobaluk Country? Read more here ➡ https://lnkd.in/gcn6Wdah Department of Energy, Environment and Climate Action #conservation #climateaction #conservationreserve #australianwildlife

Ever wondered exactly how we use our customers' money for positive impact? 🌱👫🌏 Swipe to see how together with our customers we've reached a total of $2.2 billion in impact finance assets. That's $2.2 billion used for loans and investments that help us move towards a world where people and the planet thrive. Read our full 2024 Impact Report: https://lnkd.in/gxBzYiiX

Today is International Credit Union Day! 💸 ICU Day has been celebrated on the third Thursday of October since 1948 to create awareness and celebrate the ways credit unions improve the lives of their members around the world. This year's theme is “One World Through Cooperative Finance” – signifies how credit unions and cooperative financial institutions still bring people together to grow financial inclusion and make local communities stronger. We started life in 1957 as the CSIRO Co-operative Credit Society. From there we joined with 72 other credit unions and co-operatives to become Australia’s first customer-owned bank in 2011. So for us, today signifies a big part of our history and our strong support for the credit union movement. Globally now more than 403 million members strong, and they are served by more than 82,000 credit unions in 98 countries! #ICUDay2024

Environment Victoria's newly released report 'How We Electrify - Easy cost-saving options to replace gas heating' has found ditching gas and switching to reverse cycle split systems for heating saves at least two-thirds of annual energy bills, and the upfront investment required will pay for itself within one year. We're proud to support Environment Victoria through our impact fund to help create awareness and action through research and reports on both the financial and climate benefits to getting off gas at home 🏡 Read more: https://lnkd.in/g8ZNsTtf Download the full report: https://lnkd.in/ghztyDyH

When it came time to build their dream home, our customers Ashley and Julia had a few key things in mind: comfort, the changing climate, and creating not just a place to live, but a legacy for future generations 🏡👨👩👦👦 Our Clean Energy Home Loan is about rewarding people like Ashley and Julia who are making changes at home to address the climate crisis. Eligible customers can receive a reduced variable home loan rate for 5 years, or fixed rate for 3 years with a Clean Energy Home Loan. Learn more about our Clean Energy Home Loan and Ashley and Juila's journey building their off-grid passive solar home: https://bit.ly/3NjEioK

Today we released our annual financial results and report, showing how we use the business of banking to create a positive impact for people and the planet.   In 2024 we had strong asset growth of $1.2 billion, a year-on-year increase of 11.6%. We also achieved strong growth in home loans and deposits, growing at 14.9% and 8.5% respectively, both well above budget targets.   Bank Australia Managing Director, Damien Walsh said ‘‘One of our key highlights for the year was announcing our intent to pursue a merger with Qudos Bank and increase the reach of our purpose driven banking to more Australians. We were also pleased to see more than 17,000 new customers join us, with 54.9% of these customers from our socially aware target market.”   You can read more at: https://lnkd.in/gJem8Q2q 

🌿Bank Australia joins Australian TNFD adopters🌿 We’re at the first Global Nature Positive Summit this week in Sydney and thrilled to share a few of the announcements we are part of. We have been named as an Australian TNFD adopter by the Taskforce on Nature-related Financial Disclosures Earlier this year, we launched our nature and biodiversity strategy, aiming for a 2030 where nature is protected and recovering. As part of this strategy, we committed to piloting the TNFD framework, which helps businesses and financial institutions assess, report, and act on their nature-related dependencies, impacts, and risks. We've joined the new Nature Positive Matters Hon Tanya Plibersek MP, Minster for the Environment and Water launched the Nature Positive Matters, a government-backed initiative creates a network of leaders who recognise the growing international importance and economic value of looking after nature. We’re proud to be a founding member alongside other organisations including Blackmores, Bega Group, REST Super, Qantas, Brambles and The GPT Group.   To learn more about this, head to our blog: https://bit.ly/4853TeQ

When Babatunde started researching the purchase of his first property in Melbourne, he wanted to understand all of the options available to him 🏡 He came across Indigenous Business Australia a Bank Australia partner, which offers home loans that improve accessibility for First Nations people to buy property. He was able to buy a home full of peace and potential. IBA home loans are available to Indigenous Australians buying, in most cases, their first home and who are unable to borrow all of the required funds from another lender. We're proud to be a member of the IBA banking panel and help support IBA customers on their home ownership journeys. Head to our website to learn more about Tunde's home ownership journey: https://bit.ly/47XrFJt

Last week, Clara Kiefel-Johnson, David Wall, Daniel Odwarka, Mona Mahabale and Tanaya Joshi had the opportunity to attend the Customer Owned Banking Associations' (COBA) conference held on Kaurna Country (Adelaide) as part of The Emerging Leaders Program. Our Chair Steve Ferguson, Managing Director Damien Walsh, Chief Customer Officer Steve Odgers, Chief Financial Officer Claire Varro, Martyn Norman, Cheyne McKee, and Duncan Macdonald also had the pleasure of attending. The event was a great opportunity for our staff to connect with representatives from different purpose-led organisations. It was a valuable space to discuss challenges, opportunities, and share insights that can help drive positive change. Cheyne McKee, Head of Corporate Affairs joined a panel panel alongside Susan Redden Makatoa, FCPRA, GAICD, Managing Director of Stratagem Corporate Advisory and Gabriel McDowell, Executive Chairman of Res Publica to discuss how reputation and trust within customer-owed banking are influenced by media, social media and misinformation. Key takeaways from this panel highlighted the importance of: ● Focusing on customer values and interests to build connection ● Digital channels, especially user-generated content, are key to engaging younger generations ● Customer-owned banks to emphasising their difference within the market Customer-owned banks have the power to contribute towards environmental and social change and this convention was not only a meaningful chance to exchange ideas with like minded businesses, but served as a great reminder as to why we are proud members of COBA. #COBA24 Image credit: COBA