2008-08-18 Federal government considers targeting bank fees and charges: report

Expectations are high that the Reserve Bank will cut interest rates when it meets next month. It would be the first cut in rates since December 2001. But a cut in the official cash rate will mean little to households, unless the nation's banks follow suit and lower their mortgage rates.

So far the banks have given no guarantees, but the federal government may have another arrow in it's quiver. According to a report in the Brisbane Courier-Mail this morning, Treasurer Wayne Swan is considering unleashing the court system on the banks to target their fees and charges.. Mon Aug 2008 12:08 (4 months, 3 weeks ago)
Radio National Breakfast - business & finance 317 articles in collection
Read Full Article Share with Friend

Related articles

4 months
after
3 months
after
2 months
after
1 month
after
3 weeks
after
Selected Article 2008-08-18 Federal government considers targeting bank fees and charges: report - Radio National Breakfast ...
1 week
before
3 weeks
before
1 month
before
2 months
before
3 months
before
4 months
before
5 months
before
6 months
before
7 months
before
9 months
before
1 year
before