'Unfair' contract proposal boon for bank customers


	'Unfair' contract proposal boon for bank customers

hotdoge3

4-19-2009 7:28 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/40c404f8-f849-416d-b8ff-59c22f020e24/6FFF5046-1CE5-4485-BFC3-9C9EF7F7C6B4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.canberratimes.com.au/news/national/national/general/unfair-contract-proposal-boon-for-bank-customers/1490359.aspx" href="http://www.canberratimes.com.au/news/national/national/general/unfair-contract-proposal-boon-for-bank-customers/1490359.aspx" style="font-size: 11px;">www.canberratimes.com.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.canberratimes.com.au/news/national/national/general/unfair-contract-proposal-boon-for-bank-customers/1490359.aspx"><H1>'Unfair' contract proposal boon for bank customers</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.canberratimes.com.au/news/national/national/general/unfair-contract-proposal-boon-for-bank-customers/1490359.aspx"><DIV class="summarytext">Australian consumers will be able to challenge  contract terms considered unfair, including bank exit fees, under a proposed Federal Government law.<P>   Assistant Treasurer Chris Bowen said the terms, which applied to standard-form contracts, would include indirect costs such as exit, default and penalty fees.        The proposed law means consumers could be able to leave banks without   penalty if, for example, their bank did not pass on  rate cuts.</P><P>   </P><P><B>Reaction from the banks in today's Canberra Times</B> </P></DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6FFF5046-1CE5-4485-BFC3-9C9EF7F7C6B4/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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