Commonwealth Bank, Temu and HCF among those named at this year’s Shonky awards
by Emma Joyce from World news | The Guardian on (#717G8)
Choice's annual list also includes the entire energy retail sector for allegedly hoodwinking customers with confusing prices
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Commonwealth Bank is the recipient of a special prize" in Choice's 2025 Shonky awards for failing its low income-customers, with the consumer advocacy group singling out Australia's biggest bank for charging the cohort a collective $270m in unfair fees.
When Asic caught a number of major banks charging low-income customers with excessive fees this year, CBA stood out from the pack," said Choice's CEO, Ashley de Silva.
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