Bulletin – June Quarter 2017 Banking Fees in 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.

Summary Figure
Summary Figure: Banking fees in Australia

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