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Media Centre
Latest Media Release
South Australians to spend less this Christmas but more intend to buy local
Tuesday 24 November 2020
More South Australians will cut back on their Christmas spending in 2020 amidst cost of living and general financial concerns, according to BankSA’s annual Christmas Spending Intentions research.
BankSA continues to grow support for South Australians through year of challenges
Monday 2 November 2020
BankSA has continued its support of South Australians in a year marked by bushfires and COVID-19, with growth in consumer lending and deposits for the year ended 30 September 2020.
BankSA to help first homebuyers get into their own home sooner
Friday 31 July 2020
South Australian first homebuyers could be closer to realising their home ownership dream with a new initiative from BankSA to reduce time and cost of entry to the property market.
Consumer confidence rebounds however many businesses fear for survival in the wake of COVID-19
Saturday 25 July 2020
Consumer confidence in South Australia has rebounded while businesses are struggling to recover from the impacts of COVID-19, according to the latest BankSA State Monitor.
Global meat price rise to offset lower world grain price and impact of COVID-19 on farmers
Tuesday, 2 June 2020
A rise in global meat prices is helping South Australian farmers as they contend with a relatively low world grain price and the impacts of COVID-19, according to the latest BankSA Rural Price Index.
South Australian consumers proud of the state’s handling of the COVID-19 crisis
Saturday, 9 May 2020
South Australian consumers have responded positively to the state’s handling of the coronavirus pandemic, with 84 per cent proud of South Australia, compared to 63 per cent in February’s State Monitor, according to BankSA.
BankSA passes on full 0.25% rate cut to customers
Tuesday, 3 March 2020
BankSA has today announced it will decrease variable home loan rates by 0.25% per annum (p.a.).
South Australians start new decade with a turnaround in confidence and state pride
Friday, 28 February 2020
Confidence amongst both businesses and consumers has increased providing a solid start to 2020, according to the latest BankSA State Monitor released today.
Monday, 13 January 2020
BankSA has today announced additional support for customers and communities impacted by ongoing bushfires in South Australia.
BankSA to access $1.5 million Bushfire Fund for local fire affected regions
Wednesday, 8 January 2020
BankSA will access a $1.5 million Bushfire Fund, announced by the Westpac Group, to provide immediate assistance to bushfire affected communities in South Australia.
BankSA provides disaster relief package for customers affected by fires in South Australia
Tuesday, 24 December 2019
BankSA today announced a relief package to assist customers suffering hardship as a result of fires across South Australia.
BankSA continues to back growth and investment
Monday, 4 November 2019
BankSA has continued to support economic activity in South Australia, with solid growth in business lending a key highlight for the year ending 30 September 2019.
South Australia follows national trend as consumer confidence falls to record low
Saturday, 26 October 2019
Consumer confidence in South Australia has followed a downward national trend and fallen to a record low, according to the latest BankSA State Monitor released today.
BankSA decreases variable home loan rates
Wednesday, 2 October 2019
BankSA has today announced it will decrease variable home loan interest rates by .15% per annum (p.a).
Businesses must upskill workers or be left behind in high tech future: Trends report
Wednesday, 25 September 2019
South Australian businesses must increase the level of technology-based skills training they provide employees or risk being left behind in the economy of the future, according to BankSA’s latest Trends economic bulletin.
Winter crops to grow as wheat price growth slows
Tuesday, 6 August 2019
South Australia’s winter crops will see significant growth in 2019/20, with wheat, barley and canola production all expected to increase, according to the latest BankSA Rural Price Index.
South Australian businesses to invest in growth and new jobs despite small dip in confidence
Friday, 2 August 2019
South Australian businesses plan to push forward and invest in new plant, equipment and jobs over the next year despite a slight drop in overall confidence, according to the latest BankSA State Monitor released today.
BankSA Chief Executive to take on expanded role
Monday, 29 July 2019
Westpac Group today announced that BankSA Chief Executive, Mr Nick Reade, will take on a broader role within the Westpac Group.
BankSA cuts variable home loan interest rates
Tuesday, 2 July 2019
BankSA has today announced a range of mortgage rate decreases for variable home loan customers, including a reduction of .20% per annum (p.a) for owner occupier customers and a reduction of .30% p.a. for investor customers with interest only repayments.
BankSA reduces interest rates for home loan customers
Wednesday, 5 June 2019
BankSA today announced interest rate cuts for home owners and property investors.
Focus on supporting state’s economic growth underpins solid half year result for BankSA
Monday, 6 May 2019
BankSA has announced a $114 million net profit after tax for the six months to 31 March 2019.
Business sentiment holds near eight-year high but purse strings tighten as consumer confidence falls
Thursday, 14 March 2019
Business confidence in South Australia remains strong, holding at a near eight-year high level, according to the latest BankSA State Monitor released today.
BankSA Foundation announces $158,278 in community grants and launches new round of charity funding
Friday, 18 January 2019
BankSA Foundation has today announced funding grants totalling $158,278, which will help five charitable organisations in South Australia continue their exceptional community work.
More jobs as business confidence consolidates at eight-year high
Saturday, 10 November 2018
Confidence among South Australian businesses has held firm at an eight-year high and is leading to new jobs, according to the latest BankSA State Monitor released today.
BankSA delivers solid growth across home and business lending
Monday, 5 November 2018
BankSA today announced a net profit after tax of $229 million for the year ended 30 September 2018.
BankSA customers can now do home loan application from the palm of their hand
Thursday, 27 September 2018
An innovative new online service that enables customers to submit a home loan application via their smartphone or tablet, with real-time feedback, has been launched by BankSA.
BankSA increases variable home loan rates
Wednesday, 29 August 2018
BankSA today announced it will increase its variable interest rates for owner occupied and residential investment property loans, reflecting a sustained increase in wholesale funding costs.
Virtual reality helps BankSA become South Australia’s first dementia-friendly bank
Wednesday, 30 May 2018
BankSA is the first bank in South Australia to be officially recognised as dementia-friendly, to help more people living with dementia remain financially independent for as long as possible.
BankSA Foundation launches its biggest ever grant to celebrate BankSA’s 170th anniversary
Wednesday, 9 May 2018
BankSA Foundation has today launched its biggest ever single grant and is calling for applications from charitable organisations in need.
We’re raising funds for women in crisis across South Australia
Wednesday, 9 May 2018
Last year, 20,771 South Australians were assisted with homeless services, and more than 60% of these were women.
BankSA helps more South Australians buy homes and start businesses with solid half year result
Monday, 07 May 2018
BankSA has announced a $114 million net profit after tax for the six months to 31 March 2018, up 7 per cent on the previous corresponding period.
Crop production falls in South Australia
Wednesday, 18 April 2018
Less favourable weather conditions in South Australia have contributed to a significant fall in statewide crop production in 2017-18, according to the latest BankSA Rural Price Index.
BankSA provides disaster relief package for customers affected by Cyclone Marcus in Darwin
Monday, 19 March 2018
BankSA today announced a relief package to assist customers suffering hardship as a result of Cyclone Marcus in Darwin.
Confidence improves however South Australians remain cautious
Wednesday, 28 February 2018
Confidence levels have increased amongst South Australian consumers and businesses however they still remain cautious, according to the latest BankSA State Monitorreleased today.
BankSA Foundation opens funding round with grants of up to $50,000 each
Monday, 15 January 2018
BankSA Foundation is calling on small organisations dedicated to making a big impact in the community to apply for funding grants of up to $50,000 each, with applications now open.
Boom year for South Australian lamb producers
Tuesday, 19 December 2017
South Australian lamb producers have enjoyed a stellar 12 months as part of a nationwide boom that has seen the average income of Australian lamb-producing farms rise to a 20-year high, according to the latest BankSA Rural Price Index.
Tuesday, 12 December 2017
Three new funding grants announced by BankSA Foundation today have pushed its total donations to South Australian community organisations this year to more than $250,000.
Record low in consumer confidence as business confidence rebounds
Saturday, 25 November 2017
Consumer confidence in South Australia has dropped to a record low, while business confidence has rebounded, according to the latest BankSA State Monitor released today.
Groundswell for South Australia to become a world-class centre for advanced manufacturing
Tuesday, 21 November 2017
South Australians want their state to become a world-class centre for advanced manufacturing, according to a new BankSA study.
Seven South Australian innovators selected to enter the Hive at TEDxAdelaide
Monday, 23 October 2017
Seven innovative South Australian businesses have been selected to showcase their inventive products and services at TEDxAdelaide 2017 at the Adelaide Town Hall on November 2.
BankSA abolishes ATM withdrawal fees
Sunday, 24 September 2017
BankSA today announced that non-BankSA customers will no longer be charged an ATM withdrawal fee when they use one of BankSA’s ATMs.
BankSA Foundation opens funding round with grants of up to $50,000 each
Wednesday, 16 August 2017
BankSA Foundation is calling on small organisations dedicated to making a big impact in the community to apply for funding grants of up to $50,000 each, with applications now open.
Business confidence plummets following State Budget
Wednesday, 02 August 2017
Deteriorating business conditions, coupled with the South Australian Government’s controversial State Budget, have triggered an alarming increase in pessimism for the future, and a significant drop in business confidence amongst South Australians, according to the latest BankSA State Monitor released today.
BankSA Foundation announces major grant funding
Tuesday, 18 July 2017
BankSA Foundation has today announced major funding grants worth $108,000 to help four deserving charitable organisations in South Australia continue their outstanding work.