Revolut has rolled out a money app in the growing Australian fintech market, which brings together budget management and fee-free money transfers in one app.
The Australian Bureau of Statistics (ABS) has recorded the largest fall in Australia’s Consumer Price Index (CPI) in its 72-year history, indicating that it may be some time before we start seeing interest rates rise.
When it comes to the financial impacts of COVID-19, there are two narratives emerging amongst Australians: those who are being hurt by COVID-19, and those being helped.
After more than three months of not paying a cent for childcare, thanks to relief offered by the Australian government in response to the COVID-19 pandemic, families will start paying fees again this week.
Everyone loves getting something for nothing, and there are a range of Aussie banks offering cashback rewards for new customers who join this month, up to $100.
One of the first events of the new financial year is the launch of Open Banking, which promises to make it much easier to compare financial offers and switch banks. But what is Open Banking, and does it live up to the hype?
It can be easy to overlook the importance of having the right transaction account, but this new financial year is the perfect time to give the place you store your money a financial health check.
Do you feel like you’re in a tighter financial spot than you were at the start of this year? You’re not alone. New figures from the Australian Bureau of Statistics (ABS) show that in the March quarter 2020, Australia experienced its largest decrease in average household wealth since the September quarter 2011. With this in mind, it could be good to conduct your own financial health check before the end of the financial year.
Australians forked out $3.92 billion in bank fees last year, new figures from the RBA show. This equates to around $406 per household in bank fees a year.
Australia is now in a recession, confirmed Treasurer Josh Frydenberg today, a result of the impacts of the COVID-19 pandemic and the catastrophic summer bushfire season.
Neobank 86 400 is offering to pay the bills of nearly 2000 customers over the coming months.
The global coronavirus pandemic is affecting every aspect of Australian life. Schools are closing, office employees are working from home, and supermarkets are struggling to keep up with demand for essentials. As well as affecting your health, COVID-19 could also affect your finances. Here are a few things you could do to help protect yourself, your loved ones, and your money.
In an Australian first, NAB his rolled out an option to block gambling transactions on its Visa Debit and Visa Credit cards via its apps, to help Australians better manage their personal finances.
Smart bank 86 400 is offering to help its customers find a better deal on their household’s electricity, thanks to a new energy plan assessment service.
Start the new year with more money in your pocket by making four simple changes to your finances – it may save you around $3,000 in 2020.
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