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Banks earned $11b fees in 2007: RBA

Post Date: May 14, 2008 11:23 p.m.
Ranked website: redwolf.newsvine.com (Ranks #179963 of 3,783,534)

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http://redwolf.newsvine.com/_news/2008/05/15/1489573-banks-earned-11b-...

A survey has found banks collected nearly $11 billion in fees in the last financial year. The Reserve Bank found that in the 2007 financial year, the income the 19 participating banks earned from fees grew by 8 per cent to $10.5 billion.

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