Bank fees
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
Latest
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
Exclusive
Company tax
Greens call for tripling of bank levy to raise $41 billion
Greens push for a trebling of the bank levy, saying it will help smaller firms compete against the big lenders
- by Shane Wright
State realises it doesn't need 8500 banks accounts, saves $125m
The Andrews government estimates it can save $125 million a year by reducing the number of accounts and paying fewer fees.
- by Benjamin Preiss
Investigation
Investigation
'I feel like a caged animal': Life inside mortgage broking giant
Mortgage Choice arranges billions of dollars of finance every year but insiders say it's a business built on financial distress.
- by Adele Ferguson