Westpac CEO Peter King and Australian Banking Association CEO Anna Bligh met Treasurer Jim Chalmers on Wednesday evening to ask the federal government to implement a new policy the banks are calling the “regulatory grid”.
Mr King, who is chairing the ABA this year, was joined at the meeting in Parliament House by deputy ABA chairman Marnie Baker, managing director of Bendigo and Adelaide Bank, ahead of the ABA Council meeting in Canberra on Thursday. It will also be attended by CBA CEO Matt Comyn and NAB CEO Ross McEwan.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
