Bank Accounts News

COVID still hitting young people in the wallet – how can you get your finances back on track?

While much of Australia is on a road to recovery after the past few years of financial ups and downs, Australians under 24 are still struggling to shake off the financial effects of the COVID-19 pandemic, according to a new report.

What do the big banks have to say about budget 2022?

Hot on the heels of the federal budget for 2022/23, Australia’s big four banks have responded with their own economic forecasts.

5 biggest announcements from The Budget and what they mean for your finances

Treasurer Josh Frydenberg has delivered the 2022-23 pre-election Federal Budget. Let's explore the the biggest announcements from The Budget and what they mean for your finances.

Food and fun are our post-lockdown spending priorities

Australians have been spending more of their money on food, recreation and culture, according to new figures from the Australian Bureau of Statistics (ABS).

Shopping online can help Aussies save money

Australians looking to save money, whether to build up a house deposit or save for retirement, may be able to shrink their household spending simply by doing their weekly grocery shopping online.

New study reveals ‘enormous impact’ of financial abuse in Australia

More than 623,100 Australians were subjected to financial abuse in 2020, resulting in an estimated $10.9 billion in costs for victims and the broader economy, according to new research.

Gift cards: the naughty and nice list this Christmas

RateCity.com.au has today revealed its annual ‘naughty and nice’ gift card list, with nearly one in three Australians estimated to buy gift cards this Christmas.

Branches and ATMs on the decline as Aussies move away from cash

Access to face-to-face points of contact, such as bank branches and ATMs, fell in the last financial year, as COVID-19 strikes another nail in the coffin of cash. ANZ ditched nearly half of its ATMs and closed 1 in 5 branches.

ING announces it will pay customer bills up to $100 a year

ING will help its Orange Everyday customers by providing 1% cashback on their gas, water, and electricity bills. The offer will be effective from 1 December 2021, capped at $100 per financial year.

Which banks are offering financial relief to customers affected by the latest lockdowns?

With several areas around Australia locking down to help halt the spread of COVID-19, several of Australia’s leading banks have introduced measures to provide support and financial relief to customers who are doing it tough.

How to perform a financial health check for the new financial year

The new financial year is almost upon us and it’s the perfect time to take stock of your personal finances and perform a financial health check. Using RateCity comparison tools, such as tables and calculators, let’s look at how you may perform a financial health check.

Over a quarter of Aussies feel better about their finances than a year ago

Just over a quarter of Australians feel better about their finances than 12 months ago, according to research from the latest RateCity survey. There are some actions you may want to consider to take back control.