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Banking Fees in Australia

Author

Listed:
  • Rachael Fitzpatrick

    (Reserve Bank of Australia)

  • Graham White

    (Reserve Bank of Australia)

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.

Suggested Citation

  • Rachael Fitzpatrick & Graham White, 2017. "Banking Fees in Australia," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 35-40, June.
    • Handle: RePEc:rba:rbabul:jun2017-04
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2017/jun/pdf/bu-0617-4-banking-fees-in-australia.pdf
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    Citations

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    Cited by:

    1. Anthony Brassil & Jon Cheshire & Joseph Muscatello, 2018. "The Transmission of Monetary Policy through Banks' Balance Sheets," RBA Annual Conference Volume (Discontinued), in: John Simon & Maxwell Sutton (ed.),Central Bank Frameworks: Evolution or Revolution?, Reserve Bank of Australia.

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