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.