WENDELL HUSSEY | Cadet | Contact
As the cost of living and inflation crisis continues to bite the nation, Australia’s favourite banking battlers have decided to get on the front foot to make ends meet.
With plenty of hungry mouthes to feed, the bosses at the Commonwealth Bank of Australia have revealed that they are trying to keep the lights on by introducing a new charge.
The bank will now be slugging customers $3 dollars for every cash withdrawal they make, unless they deposit over $2000 a month, are under 18 or are on a pension.
Of course this won’t be an issue for anyone in politics, the media or who works at the bank, but has caused outrage around the country considering many Australians will be slugged much needed money, to access their own money.
While you’d assume a measure like this wouldn’t be implemented at what is essential the nation’s bank, the Commonwealth Bank was sold by the geniuses in the Labor Party who pretended they thought that was in the national interest.
However, with no interest rate rises coming in the near future (and the opportunity to jack up rates on loans faster than they do on deposits), the bank says unfortunately they need to keep the money train chugging.
“We only made $9.8 billion after tax last financial year,” said a spokesperson for the Bank today.
“Things are tough out here.”
“So, unfortunately people need to pay their way.”
More to come.
