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Name: Banks called out for ripping off lower income customers
Uploaded: 2024-07-15T10:56:01.258Z
Duration: 1 min 53 s
Description: The Australian Securities and Investment Commission says four financial institutions will refund over $28 million in overcharges to those who could least afford it, after keeping them hamstrung in high-fee accounts.

Banks called out for ripping off lower income customers

Published 15 July 2024, 8:09 am

The Australian Securities and Investment Commission says four financial institutions will refund over $28 million in overcharges to those who could least afford it, after keeping them hamstrung in high-fee accounts.

Tags

Australia

Finance