Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 6 of 6 results for "Dollarmites"

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... come off the back of ASIC's landmark investigation into the school-banking program, which has been dominated by CBA's Dollarmites, released in late 2020. The two-year review found that banks are selling such programs as a "community service" when in ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
The Commonwealth Bank's lucrative but controversial Dollarmites program could get the axe, with ASIC seeking the public's view of school banking programs as part of its ongoing review of their use and impact in primary schools. School banking programs ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
... banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the importance of saving by ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
... in schools, Financial Standard's latest spot poll shows. More than half (53%) of readers agree that CBA's Dollarmites program and any other financial products promoted in schools by financial institutions should be banned. However, 38% of readers ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...
PAGE:
1