Greater impact for people and planet

Over our 67 years, we've worked hard to create a bank our customers are proud of. Whether that’s the way we serve our customers, the products we provide or the impact we create.

Central to our proposed merger between Bank Australia and Qudos Bank is the values alignment between the two banks. Qudos Bank’s commitment to the planet aligns with our own. Like Bank Australia, they have a range of aligned commitments including to achieve net zero carbon emissions, a policy to not invest in fossil fuels and to create positive impact for customers and their communities.

A successful merger will enable us to drive even greater positive impact for people and the planet and build on our history as a responsible lender.

What will our impact commitments look like?

We know how our customers have expectations of continuing to support and commit to the areas they care about most – including climate action, First Nations Recognition and Respect, nature and biodiversity strategy, and affordable and accessible housing. This will not change.

Bank Australia and Qudos Bank have already agreed to maintain our public impact commitments including:

What happens next?

As part of the voting process, we'll be providing customers with a Member Information Booklet that outlines a comprehensive and transparent list of the impact commitments that will be adopted if the merger is successful. This will be made available to customers when the voting period opens in early 2025, subject to the approval of regulators.

We’re excited about the benefits the proposed merger would bring for the organisations and communities we support and we remain committed to creating positive impact into the future.