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Banking Fees in Australia

Reserve Bank of Australia
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Reserve Bank of Australia: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2010, 31-35

Abstract: The Reserve Bank has conducted a survey on bank fees each year since 1997. In 2009 growth in fee income increased slightly from recent years though it was again slower than growth in banks’ balance sheets. Growth in fee income was higher for businesses than for households. Banks reacted to the financial crisis by competing more aggressively for deposit funding which resulted in total fee income from deposit accounts falling, and repricing loan products which contributed to an increase in fee income from lending.

Keywords: bank; fees; Australia; exception; deposits; loans (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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https://www.rba.gov.au/publications/bulletin/2010/jun/pdf/bu-0610-5.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:rba:rbabul:jun2010-05

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