Bank Penalties Contribute To Record Profits
Play
Stop
Close on all the criticism for Interest rate rises, Banks are now accused of levying unfair penalty fees to their customers. Despite all the bad publicity, the newspapers today buzzed with the news that Australian banks have registered a record 5 billion dollar profit in the last 6 months How much of those profits are a direct result of increasing penalty charges?
(Visited 7 times, 1 visits today)
Download Audio