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Showing 1 - 5 of 5 results for "AgriAdvantage Plus Package"

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... pay a $5 million penalty last year for charging fees to customers entitled to fee waivers under its AgriAdvantage Plus package. NAB was also sued by ASIC in February over the incorrect charging of fees and ANZ was forced to pay $10 million in October ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... announcing it would pursue Commonwealth Bank in the Federal Court over lending to a problem gambler and its AgriAdvantage Plus Package.

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
ASIC has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ...

CBA refunds $7.6 million to 8400 customers

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... customers to refund a total of $7.6 million after failing to apply fee waivers and ongoing benefits to its AgriAdvantage Plus package holders. The failure occurred over several years and CBA reported the matter to the Australian Securities and Investments ...
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