Greater Dandenong Council could be slugged an estimated $500,000-plus a year for banking services, as part of a new contract with Commonwealth Bank (CBA). In a tender process, the bank offered the cheapest price – $531,379 a year – compared to NAB ($555,651) and Westpac ($533,100). The estimate far exceeds Greater Dandenong’s budgeted $342,000 a [...]
Council hit by $500K bank costs
