Skip to content

RESERVE BANK OF AUSTRALIA

Bulletin – June Quarter 2012

Banking Fees in Australia

Sarah Rudd and Chris Stewart

View the article HTML or PDF 701K

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.