Aussie banks to start charging for dry shampoo and facial scrubbers
Posted November 05, 2019 06:31:13 Australian banks are about to start requiring customers to use dry shampoo to scrub their face, according to the Australian Financial Press.
The new regulation will come into effect on October 28, 2020, the day the Reserve Bank of Australia (RBA) is due to publish its final policy for the financial sector, which sets out how the financial system can be more resilient.
The RBA is planning to make the new regulation a mandatory part of the new national regulatory framework, which will be formally released on December 11.
The introduction of dry shampoo into the banking system will require all new customers to buy a full-size dry shampoo bottle and a standard dry shampoo shampoo dispenser, the AP reports.
“The rule changes aim to address concerns about the quality of dry hair products and the cost to consumers,” the RBA said in a statement.
“Dry shampoo and scalp treatment is a key part of a holistic approach to preventing skin problems, and customers should be aware that this service is now a requirement.”
The RMA has long opposed the dry shampoo regulation.
It argued the cost of the product was higher than a full bar of shampoo and that it had not been adequately tested.
The regulator said it was working with banks to find ways to “maintain the quality and consistency” of the products.
“We welcome the opportunity to work with banks and manufacturers to ensure that customers are able to purchase dry shampoo in an affordable and consistent manner, which is the core of the RMA’s focus on ensuring the safety of Australian banking customers,” it said in its statement.
In a separate announcement, the RTA announced it would introduce a new scheme that allows customers to purchase their own dry shampoo.
Under the scheme, consumers can use the dry cleaning services of a third party, like the one that runs dry shampoo machines, to make their own products.
The scheme will be rolled out from October 15, 2020.
The RTA has also launched a campaign encouraging people to buy dry shampoo from a third-party, to “avoid unnecessary duplication of product costs”.