Labor senator says committee investigating credit card fees has been shown evidence banks are sending credit card offers to people as soon as they turn 18The head of a parliamentary committee investigating credit card fees fears Australian children are being groomed by banks hoping to cash in on their spending later in life.
Labor’s Sam Dastyari said while children should gain bank accounts,they should not be taught about finances by banking institutions. Related: Commonwealth Bank announces record $9bn profit, seeks to raise $5bn in capital Continue reading...
Source: theguardian.com