While US banks celebrate avoiding the fiscal cliff, mice residing in Australia's financial institutions are also squeaking a sigh of relief in 2013.
On Thursday, People for the Ethical Treatment of Animals (PETA) Australia announced ANZ, Westpac Corporation, Commonwealth Bank, Virgin Money Australia and Suncorp have introduced policies against the use of glue traps in their offices and branches.
According to PETA, glue traps are devices coated with strong adhesives that can trap small animals, including mice, rats, birds and even kittens, and are prohibited for public use in Victoria, the ACT and Tasmania.
"Once caught in these devices, the animals struggle to escape, becoming more ensnared in the glue," a PETA statement said.
"Death, which can take more than 24 hours, results from exhaustion, shock, dehydration, asphyxiation or blood loss.
"Many animals will chew off their own limbs in an attempt to escape."
Other financial institutions ceasing the use of glue traps include Bank of Queensland, Newcastle Permanent, Citibank, Goldman Sachs and HSBC.
"When it comes to giving mice, birds and other small animals a break, you can bank on the financial industry," said PETA spokesman Jason Baker.
"These institutions have shown that glue traps have no place in their businesses."