Bank fees
CBA caves in to pressure over plan to charge $3 for branch withdrawals
Facing a backlash, the bank has paused a move that would have led to about 50,000 extra customers charged for withdrawing cash from branches.
- by Sumeyya Ilanbey, Millie Muroi and Clancy Yeates
Latest
Exclusive
Regulation
Australians illegally charged billions of dollars in merchant fees by federal government
Millions of small fees amounting to billions of dollars have been charged for two decades, dating back to the Howard government era.
- by Chris O'Keefe
Opinion
Payments
Why those pesky card surcharges are no longer doing their job
Extra fees for paying on a card have annoyed consumers for years. Now there’s a compelling case for making significant changes to the surcharging regime.
- by Clancy Yeates
Opinion
Opinion
Card surcharges are costing us billions, but can they be avoided?
The government estimates that major banks and card providers netted a whopping $4 billion in the past year from Australians, all thanks to surcharges.
- by Victoria Devine
Opinion
Opinion
Old habits are hard to kick for banks. They’re behaving badly – again
Six years after the royal commission, there are signs of a re-emergence of poor behaviour. At the very least this looks like conduct slippage.
- by Elizabeth Knight
CBA sued for overcharging customers $55 million in account fees
The corporate watchdog says the bank wrongly charged customers including pensioners, full-time students, recently-arrived migrants, and people with a home loan package deal.
- by Clancy Yeates
Exclusive
AMP
AMP customers sold risky products after ratings blunder
AMP is compensating customers after investment products were mislabelled on a digital platform used by its aligned advisers.
- by Charlotte Grieve
ANZ Bank faces fresh legal fight as ASIC takes it to court over fees
The watchdog claims bank charged a transaction fee 1.3 million times despite receiving advice that this may have been illegal.
- by Clancy Yeates
ANZ Bank settles fee claim for $1.5m
ANZ Bank has agreed to settle a legal claim over a type of bank fee for $1.5 million, conceding a small win to an otherwise unsuccessful class action against the lender over its fees.
- by Clancy Yeates
Analysis
Superannuation
Super fee cut is the right ambition
History shows that it takes very difficult reform, usually resisted by the industry, to get results.
- by David Crowe
NAB to ditch 50 business bank fees in new shake-up
National Australia Bank is scrapping 50 types of fees paid by its business customers, and could "radically" cut the number of fees charged across the bank.
- by Clancy Yeates
Original URL: https://www.brisbanetimes.com.au/topic/bank-fees-hpi