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Australia's ASIC Says Big Banks To Refund Millions In Fees To Low-Income Customers

BRIEF-Australia's ASIC Says Big Banks To Refund Millions In Fees To Low-Income Customers July 15 (Reuters) - Australia's ASIC - BIG BANKS TO REFUND MILLIONS IN FEES TO LOW-INCOME CUSTOMERS FOLLOWING ASIC REPORT ASIC REVIEW REVEALED FOUR AUSTRALIAN BANKS SYSTEMICALLY CHARGED HIGH FEES TO BANK CUSTOMERS ON LOW INCOMES BANK CUSTOMERS ON LOW INCOMES, I
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Aussie banks to return $19 mln charged in high fee to low-income customers

UPDATE 3-Aussie banks to return $19 mln charged in high fee to low-income customers Adds ANZ's response in paragraph 9 July 15 (Reuters) - Four Australian banks will give back a total of A$28 million ($18.95 million) to low-income customers, after a review by the corporate regulator found these customers had been kept in high-fee bank accounts despite being eligible for cheaper products.
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Commonwealth Bank of Australia hits all-time high as financials gain

BUZZ-Commonwealth Bank of Australia hits all-time high as financials gain ** Shares of Commonwealth Bank of Australia CBA.AX rise as much as 1.4% to hit a record high of A$130.3 ** Australia's biggest bank had hit a record high on Tuesday as well ** Stock rises in line with the financial sub-index .AXFJ , which is up 0.5% ** S&P ASX 200 .AXJO is up
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Australia shares end higher on broad-based rally; Powell's speech in focus

Australia shares end higher on broad-based rally; Powell's speech in focus U.S. Fed Chair testimony on Tue, Wed Telstra hits 3-month high Tech stocks rise for third straight session Commonwealth Bank of Australia touches record-high By Sneha Kumar July 9 (Reuters) - Australian shares ended higher on Tuesday in a broad-based rally, tracking a record Wall Street finish overnight, while investors awaited Federal Reserve Chair Jerome Powell's testimony to gauge the outlook on interest rates.
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Miners drag Australian shares lower on weaker iron ore prices

Miners drag Australian shares lower on weaker iron ore prices July 8 (Reuters) - Australian shares started the week lower on Monday, as miners weighed on the benchmark index due to falling iron ore prices, while investors awaited crucial U.S. inflation print later in the week. The S&P/ASX 200 index .AXJO fell 0.3% to 7799.00 by 0015 GMT. The benchmark fell 0.1% on Friday.
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