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Commonwealth Bank Dollarmites program ditched from Queensland schools after review – ABC News

School banking programs like the Commonwealth Bank’s Dollarmites program will be booted from Queensland schools after the corporate watchdog review found there…

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School banking programs like the Commonwealth Bank’s Dollarmites program will be booted from Queensland schools after the corporate watchdog review found there was limited value and children were being exposed to “sophisticated” marketing tactics.
Key points:

  • The Commonwealth Bank’s contract expires at the end of July and won’t be renewed
  • Queensland is the latest state to make the move after Victoria and ACT
  • An ASIC report found there was limited value and young children were vulnerable consumers

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