In the mail this morning:
"From 5 January 2017, the monthly fee on your MyMoney for business accounts will increase to $8.50, bringing it closer to current market rates"
There seems to be a creative cash grab of sorts at the bank, with creditcard interest changes, business account fee increases and non existent interest rates on savings accounts.
It is my firm belief the bank is anticipating a housing price crash, opps I meant "correction", and is grabbing funds in the only way they know how - by screwing savers to subsidise property investors.
I expect this also explains why the bank is pimping credit cards hard right now.