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Dollarmites should be banned in all states not just Victoria, Choice says – The New Daily

Consumer advocates are welcoming Victoria’s rejection of what has been slammed as “slick marketing” made to look like financial literacy for kids.

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Remember those mustard yellow Dollarmites bank books friends waved in front of each other in the classroom?
Well, the Victorian government will outlaw those wallets in public schools from next year after it cracked down on “low quality” banking programs that have “little evidence” of improving children’s financial literacy.
The government raised concerns school banking programs “developed

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