The announcement signals the end of the controversial and widely used Dollarmites program run by the Commonwealth Bank (CBA) in ...
'Long overdue': school banking programs banned in Victorian schools
The Victorian Government has banned all school banking programs run by financial institutions from Term 1 next year, over long-held concerns the “low quality” schemes used underhand tactics to groom young consumers, coach brand awareness and promote credit cards.
"Financial education is too important to have a conflicted group like Australia's biggest bank in there really using it as a marketing opportunity," Erin Turner from CHOICE said.
"Financial education is too important to have a conflicted group like Australia's biggest bank in there really using it as a marketing opportunity," Erin Turner from CHOICE said.
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