Australia's biggest bank has paused its plans to charge customers a $3 fee to withdraw their own money at bank branches around the country, a day after it was announced.
What fucking communication is there to get right on being greedy money hungry bastards?
A cost of cash conversation. Trying to cover the ever increasing cost per traansactiin for the small nunber of cash transactiins and possibly preempt the RBA stopping them milking so much from credit/debit fees where they can recover costs
As to being money hungry we’re in a neo liberal, capatilist economic system. They’re supposed to be money hungry, it’s how we incentivise. If you want more government oversite, or government institutions competing, you’ll need to stop voting LNP or ALP and start voting Green. Until then, more of the same. Less competition and more enshitifaction is the only outcome possible as this continues…
A cost of cash conversation. Trying to cover the ever increasing cost per traansactiin for the small nunber of cash transactiins and possibly preempt the RBA stopping them milking so much from credit/debit fees where they can recover costs
As to being money hungry we’re in a neo liberal, capatilist economic system. They’re supposed to be money hungry, it’s how we incentivise. If you want more government oversite, or government institutions competing, you’ll need to stop voting LNP or ALP and start voting Green. Until then, more of the same. Less competition and more enshitifaction is the only outcome possible as this continues…