Bank Accounts News

The latest bank accounts news and tips

Australia’s $50 note gets a makeover

Bank Accounts2 min read

Can’t buy me love; Aussies spend $23 million on Valentine’s Day

Last Valentine’s Day, Aussies spent over $23 million dollars on romance, with millennials putting other generations to shame with how much they’re willing to spend on love.

Bank Accounts3 min read

NPP is a game-changer if all banks step up to the plate

Banking comparison site RateCity has welcomed the introduction of the of the New Payments Platform (NPP) which will be rolled out from today, but warns it may take some time before the system delivers on its promises.

Bank Accounts3 min read

Australians losing millions to romance scams

ANZ has released a warning to watch out for deception this Valentine’s Day, as Australians are losing millions of dollars to romance scams, with men and Aussies over 55 most likely to be the targets.

Bank Accounts3 min read

Counting the cost of overseas fees in 2017

Australian travellers lost $442 million in overseas bank fees and charge over 2017, according to new research from ING. At the individual level, this breaks down to paying $155 per person, per trip, for the convenience of accessing their finances internationally.

Bank Accounts2 min read

Rising costs affecting vulnerable households

Pensioners and other recipients of government benefits have been the most affected by rising prices for goods and services, according to the latest figures from the Australian Bureau of Statistics (ABS).

Bank Accounts3 min read

What you need to know about the New Payments Platform

Gone are the days of waiting for payments to reach your account. The New Payments Platform is set to transform the way Australians spend money.

Bank Accounts6 min read

CBA, ANZ, NAB, Westpac and AMP have “conflicts of interest” when giving advice: ASIC

Can you trust your bank to give you the most unbiased financial advice? ASIC isn’t so sure.

Bank Accounts2 min read

Big banks unveil app, chatbot

Westpac and Commonwealth Bank have launched digital technologies to make it easier for customers to make payments and do everyday banking tasks.

Bank Accounts2 min read
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