4 Apr 2012

CONSUMERS will pay an extra $40 million to access their own money as banks gouge near-record levels of fees from ATMs.

Fujitsu Consulting found Australian households on average paid 22 per cent more in bank fees than British households, and 11 per cent more than those in the US. The average Australian household paid close to $1000 in fees each year compared with $749 in the UK and $850 in the US.

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