Bank Accounts News

Credit union vs bank – what’s the difference?

If you’re looking for a new bank, there’s plenty of competition to choose from, including big banks and smaller local banks. But what about credit unions? What are the main differences between a credit union and a bank, and what are their advantages and disadvantages?

Mark BristowSep 20, 2019( 3 min read )

From paper to plastic – how to ditch fees for good

A small fee on your last bank transaction might feel like a drop in the ocean, but if you’re ignoring all your account fees, you may soon be struggling to keep your head above water. If you take the time to do your research, you could ditch the pesky fees for good.

Alex RitchieSep 11, 2019( 7 min read )

Neo banks are live – but do they live up to the hype?

Australia’s neo banking market is heating up with 86 400 officially opening its doors today, and neo-rival Xinja receiving its full banking licence from APRA yesterday.

Laine GordonSep 10, 2019( 4 min read )

A silver lining in the midst of rate cuts: financial awareness

With the RBA cutting the cash rate to the lowest in Australian history, now is a better time than ever to start working on your financial awareness.

Rachel WastellAug 11, 2019( 5 min read )

RBA changes ESA Policy: will fintechs or tech giants benefit?

Amazon, Google, Apple and Facebook could gain direct access to the Exchange Settlement Accounts payment system, settling their own transactions without needing the services of a bank per se.

Rachel WastellAug 8, 2019( 3 min read )

Super fund opens its doors to SMSF investors

Hostplus has launched a new product that allows Australians with self-managed superannuation funds to invest through a professional super group.

Nick BendelJun 21, 2019( 3 min read )

Banks rake in $4.19 billion in fees from households

Banks charged customers an eye-watering $4.19 billion dollars in bank fees last year, according to the latest figures released from the Reserve Bank of Australia today.

Sally TindallJun 20, 2019( 4 min read )

Sick of paying bank fees? Read on…

Fees! They’re so annoying. And if you’re not careful, they can swallow a surprisingly large share of your money.

Nick BendelJun 15, 2019( 3 min read )

NAB the third Big 4 bank to join Apple Pay

Customers of NAB and the NAB-owned UBank with an iPhone or Apple Watch should be able to pay using Apple Pay. That only leaves one Big 4 bank to go.

Leigh StarkMay 21, 2019( 2 min read )

New financial plan to help keep couples together

With many of Australia’s romantic breakups being attributed to money troubles, can financial planning help couples stay together?

Mark BristowMay 17, 2019( 2 min read )

Where to park your tax refund to get the best bang for your buck

If you’re one of the lucky Australians who’ll be getting a tax refund this year, you have a few places that you can deposit your dollars. But’s which one will give you the best return?

Alex RitchieMay 14, 2019( 6 min read )

Money tips from Game of Thrones

Between all the sex, violence, dragons and zombies, Game of Thrones (and the books that inspired it) can provide several valuable lessons about managing your personal finances, as well as helpful examples and cautionary tales.

Mark BristowMay 7, 2019( 8 min read )

Australians lose almost $500 million to scams in 2018

The ACCC has reported a staggering increase in the amount of money being lost to scammers in 2018, totalling nearly $500 million.

Leigh StarkApr 29, 2019( 6 min read )

Aussie personal wealth is falling, but you can still come out on top

Our personal wealth is declining, but you can make some simple changes that put you ahead today.

Alex RitchieApr 20, 2019( 4 min read )

CommBank launches finance goal tracker, but you have other options

CommBank customers can get an app this week to help them save for personal goals, but the reality is customers of any bank have app options for the same.

Mark BristowApr 17, 2019( 4 min read )