Banking Fees in Australia
Rachael Fitzpatrick and
Graham White
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Rachael Fitzpatrick: Reserve Bank of Australia
RBA Bulletin (Print copy discontinued), 2017, 35-40
Abstract:
The Reserve Bank has conducted an annual survey on bank fees since 1997. The most recent survey suggests that banks' aggregate fee income increased at a relatively slow pace in 2016. Deposit and loan fee income continued to decline relative to the value of products on which these fees are levied. Greater use of electronic payment methods continued to support moderate growth in credit card and merchant service fee income.
Keywords: banking; bank fees; fee income; exception fees; merchant service fees; credit card; deposit; loan; household fees; business fees; small business (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rba:rbabul:jun2017-04
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