NEWSLETTER: Banking Sector – Issue 85

1 July 2021

Publications

Welcome to Issue 85 of our Banking Sector Newsletter.

The Reserve Bank of Australia has undertaken their annual survey of bank fees focusing on fee income from the provision of loans, deposit services and payment services. The latest results cover the period of the initial impact of the COVID-19 pandemic in 2020, recording a sharp decline.

In other news, the Australian Banking Association is calling for awareness of elder financial abuse encouraging support from every Australian to help stamp out the abuse, as they acknowledge the importance of World Elder Abuse Awareness Day.

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