Submission to the Senate Economics Committee on Banking Amendment (Keeping Banks Accountable) Bill

Research output: Working paper

Abstract

The Secretary of the Senate Economics Legislative Committee on Banking Amendment (Delivering Essential Financial Services for the Community) Bill advised that the Committee is interested in having a submission from me on the guarantee scheme. Accordingly, I am making this submission. The Bill proposes four proposals, that is, introduction of fee free basic account, ATM fees changes, introduction of fixed interest gap mortgages and full disclosure of termination fees. I have addressed each of these proposals, provided relevant analysis and summarized my opinion.
Original languageEnglish
Place of PublicationCanberra
PublisherDepartment of Parliamentary Services
Pages1-10
Number of pages10
Publication statusPublished - 2009

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