angry ausie pm urges customers to switch banks, page-27

The Greens introduced their Banking Amendment Bill in June.

The Bill provides legislative protection for banking customers in a number of basic banking services:

* Minimising or removing fees from basic services;
* Ban $2 ATM fees;
* Introducing a variable rate mortgage product that will only permit genuine changes to the lenders cost of funds to be passed on to customers;
* Capping the level of mortgage exit fees.

I reckon this will now be overtaken by wider reforms.