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1 day ago · ANZ odd bank out on fee harm. Four of the six largest banks have refunded or will refund more than $28 million to low income customers following a collaborative ASIC review. A “first-of-its-kind” review revealed “four Australian banks systemically charged high fees to those customers who could least afford it” ASIC said yesterday.
5 hours ago · A report released on Tuesday details how the big four banks — ANZ, NAB, Westpac and Commonwealth Bank — collectively lent $3.6 billion to fossil fuel projects or companies throughout 2023.
5 hours ago · The ANZ bank has issued a fresh warning about electricity rebates, with one state offering $1,000 towards paying that dreaded power bill in addition to the last federal Budget's $300 rebate.
5 hours ago · Australia’s big four banks — ANZ, NAB, CommBank and Westpac — have poured a combined $61 billion into fossil fuels since the Paris Agreement was signed eight years ago, a new report found. Despite recent changes to lending, the report says banks have “continued greenwashing”, leaving ...
1 day ago · A whopping $28 million will go back into the pockets of low-earning Aussies after a bombshell report exposed how banks were overcharging millions doing it tough.
1 day ago · Refund requests poured in when the audit revealed that these clients were placed in high-fee accounts by ANZ, Commonwealth Bank of Australia, Bendigo and Adelaide Bank, and Westpac, even though they were eligible for low-fee accounts due to government payment support.
1 day ago · The corporate regulator has begun a key phase of its investigation into alleged market manipulation by ANZ, informally interviewing staff from the bank’s institutional division over unusual ...
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