Banks to pay back $93 million in refunds to low-income consumers

Some banks charging high fees to those who can least afford it will refund more than $93 million to customers following a bank-fee review by the Australian Securities and Investments Commission (ASIC).
ASIC Commissioner Alan Kirkland spoke to 6PR Radio Perth Live presenter Oliver Peterson and said there were over 2 million people affected by the fees.
Click PLAY to hear the full discussion:
Image: iStock.
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