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Banking Fees in Australia

Author

Listed:
  • Sarah Rudd

    (Reserve Bank of Australia)

  • Chris Stewart

    (Reserve Bank of Australia)

Abstract

The Reserve Bank has conducted a survey on bank fees each year since 1997. The results of the latest survey show that banks’ aggregate fee income rose slightly in the banks’ 2011 financial years, but that growth in fee income was less than that in banks’ total assets. Fee income from households declined while fee income from businesses grew, largely as a result of increases in fees on business loans and bank bills.

Suggested Citation

  • Sarah Rudd & Chris Stewart, 2012. "Banking Fees in Australia," RBA Bulletin, Reserve Bank of Australia, pages 43-48, June.
  • Handle: RePEc:rba:rbabul:jun2012-05
    as

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    File URL: http://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-5.pdf
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    Cited by:

    1. Ming-Hua Liu & Dimitris Margaritis & Zhuo Qiao, 2016. "The Global Financial Crisis and Retail Interest Rate Pass-Through in Australia," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 19(04), pages 1-32, December.

    More about this item

    Keywords

    bank; fees; Australia; exception; deposits; loans;

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