Bank cuts fees

Who would have thought. Times must be tough.

Just days ago we were being regaled with tales of a tax rort worth hundreds of millions. Now we are being told that one of the big five is breaking ranks to cut penalty fees. Fees that customers have long complained about, but as life has been so good, thoroughly ignored.

Banks must be really scratching for new customers or else in deep up the creek. God forbid, next bastard banks might actually give some service to use the customer's money!

Oh dear, where will it all end? Won't someone think of the shareholders? Next, I suppose they too will be all over Twitter and TradeMe looking for a handout from the taxpayer.