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AAP
AAP
Politics
Andrew Brown

Bank changes urged to stop financial abuse

Banks are being urged to make changes to help stop joint financial products from being weaponised. (Dan Peled/AAP PHOTOS) (AAP)

Banks have been urged to implement increased protections on joint accounts in a bid to crack down on financial abuse.

A new report by the Centre for Women's Economic Safety has called on the banks to make the changes so it is more difficult for products such as joint accounts, credit cards and mortgages to be used as a coercive control measure.

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