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Aussie banks to repay customers mischarged fees

Over 200,000 Big Four bank customers to be refunded at least A$178m for financial advice which wasn't provided


AUSTRALIA'S corporate regulator says the country's Big Four banks will have to repay at least A$178 million (S$190 million) to more than 200,000 customers as a result of past practices of charging fees for financial advice without providing it.

The Australian Securities and...

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