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Savings Accounts News

The latest savings accounts news and tips

Alex Ritchie

Personal Finance Editor

Mobile payments double in popularity this Christmas period

New research from ANZ has found that the use of mobile payments in October and November 2018 has grown more than 100 per cent compared to October to December 2017.

Savings Accounts

18 Dec, 2018

2 min read

Mobile payments double in popularity this Christmas period
Nick Bendel

Property & Personal Finance Writer

CBA, CSIRO test blockchain programmable money

A cashless society may be the future of how you spend money, but Australian scientists, engineers and bankers are testing a new type of currency altogether.

Savings Accounts

17 Nov, 2018

3 min read

CBA, CSIRO test blockchain programmable money
Nick Bendel

Property & Personal Finance Writer

Australian household economy values food, fun

How much of our money is spent on recreation and refreshment? More than you might expect, as research by the CBA has found.

Savings Accounts

14 Nov, 2018

2 min read

Australian household economy values food, fun
Mark Bristow

Personal Finance Editor

ANZ raises interest rates on Progress Saver accounts

ANZ has made changes to its savings account interest rates, allowing customers to grow wealth more quickly, provided they make regular deposits.

Savings Accounts

29 Oct, 2018

2 min read

ANZ raises interest rates on Progress Saver accounts
Nick Bendel

Property & Personal Finance Writer

Tax refunds likely for 200,000 Australians, says ATO

As tax season comes to a close, the ATO has discovered 200,000 people who should be expecting refunds, and yet haven’t filed yet. Are you one of them?

Savings Accounts

05 Oct, 2018

3 min read

Tax refunds likely for 200,000 Australians, says ATO
Mark Bristow

Personal Finance Editor

Australian wealth grows, but so does inequality

Australia’s overall wealth may be growing faster than its overall debt, but this wealth is not being evenly spread among our rich and poor.

Savings Accounts

25 Sep, 2018

3 min read

Australian wealth grows, but so does inequality
Nick Bendel

Property & Personal Finance Writer

High-interest savings accounts come with strings attached

Lenders are asking customers to jump through hoops if they want to earn even moderate rates of interest on their savings accounts.

Savings Accounts

16 Sep, 2018

3 min read

High-interest savings accounts come with strings attached
Mark Bristow

Personal Finance Editor

Aussies spending more on Father's Day than on Mother's Day

How much did you spend on a present for Dad this Father’s Day? Probably more than you spent on your last Mother’s Day gift, according to the Commonwealth Bank.

Savings Accounts

31 Aug, 2018

2 min read

Aussies spending more on Father's Day than on Mother's Day
Alex Ritchie

Personal Finance Editor

Australian women falling behind in financial literacy

Alarming research from Commonwealth Bank has found that Australian women exhibit lower levels of financial literacy compared to men.

Savings Accounts

29 Aug, 2018

2 min read

Australian women falling behind in financial literacy
Nick Bendel

Property & Personal Finance Writer

UBank removes two fees from its USaver Ultra account

UBank is no longer charging USaver Ultra customers overseas ATM fees and foreign exchange conversion fees.

Savings Accounts

23 Aug, 2018

1 min read

UBank removes two fees from its USaver Ultra account
Bria Horne

Personal Finance Writer

More Aussies facing financial stress

According to ME’s latest Household Financial Comfort Report more and more Aussies are feeling the pinch and are either being forced to bust open their piggy banks or resort to credit cards and loans just to make ends meet.

Savings Accounts

08 Aug, 2018

4 min read

More Aussies facing financial stress
Nick Bendel

Property & Personal Finance Writer

Kids earning higher interest rates than parents

Banks are paying interest rates of up to 4.75 per cent on children’s savings accounts - although conditions apply.

Savings Accounts

15 Jul, 2018

3 min read

Kids earning higher interest rates than parents