REP 53 Good transaction fee disclosure

Released 7 September 2005.

The Australian Securities and Investments Commission (ASIC) is committed to encouraging improvements in transaction fee disclosure so that consumers can decide how best to manage the cost of their banking.

This report indicates what information consumers are receiving from their financial institutions about fees, and when they’re receiving it. It describes approaches to transaction fee disclosure by banks, building societies and credit unions.

Download REP 53 (PDF 173 KB) | Read the media release

Last updated: 07/09/2005 12:00