Move Your Money

Help shift the balance of power in banking back towards consumers.
 
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01.Thank you

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CHOICE thanks our campaigns supporters for signing our Move Your Money petition which officially closed in September 2012. Over 4500 Australians signed up to give the CEOs of the big four a message they understand.

Official figures from earlier this year confirmed that more and more Australians are voting with their feet and seeking a better deal elsewhere. Record numbers of Australians are taking their home loans to a new lender.

More good news for consumers came on 1 July with the introduction of both easier transaction account switching and also better protections on credit cards. These are both reforms CHOICE has campaigned for and we expect will bring real benefits.

We have updated our Switching Kit to include these changes.  Also don't forget to check out our unbiased comparison tool Compare, Ditch and Switch for help finding a better banking deal.

CHOICE will continue to fight for a more competitive and fairer banking sector. To help us with our campaigns be sure to sign up as a campaigns supporter.  

 
 

Related articles

 
 

Don't get mad – get moving

6 Mar 2012 | Head of Campaigns for CHOICE, Matt Levey, says it's time to send the big banks a message so they stop taking consumers for granted.

Home loan fact sheet shadow shop

19 Feb 2012 | While most of the institutions we visited do provide key fact sheets on their websites, overall it seems that bank staff have little or no idea the fact sheets even exist.

 

Banks mine free transaction account gold

2 Mar 2012 | Australian consumers are giving the big four banks a free kick, with an estimated $166.4 billion sitting in transaction accounts that earn little or no interest.

 
Related tags: Banks | Banking | Bank accounts | Mortgages | Borrowing | Money | ANZ | Commonwealth-Bank | NAB | Westpac
 
 
 

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