Bank Accounts News
The latest bank accounts news and tips
Alex Ritchie
Personal Finance Editor
CBA customers raise $5.8 million for drought-stricken farmers
Commonwealth Bank customers have rallied in support of Aussie farmers struggling through one of the worst droughts in centuries by raising over $5.8 million for an Australian Red Cross relief appeal.
Bank Accounts
22 Aug, 2018
2 min read
Nick Bendel
Property & Personal Finance Writer
1.8m Australians have registered a PayID
Only seven in every 100 Australians are actively participating in the New Payments Platform, the Reserve Bank has revealed.
Bank Accounts
17 Aug, 2018
2 min read
Alex Ritchie
Personal Finance Editor
Aussie wages continue to grow at a snail's pace
The Australian Bureau of Statistics (ABS) has released the latest Wage Price Index figures for the June 2018 quarter, showing a low increase of 0.6 percentage points for the seasonally adjusted index.
Bank Accounts
15 Aug, 2018
2 min read
Nick Bendel
Property & Personal Finance Writer
ING unveils fee-free account for teenagers
ING has launched a new transaction account available to Australians aged 15 until their 18th birthday.
Bank Accounts
03 Aug, 2018
2 min read
Sally Tindall
Research Director
Can the new Code of Practice restore the reputation of the Banks?
Aussies everywhere, unless they are in the minority of mattress money hoarders, will likely be happy to know about the initiation of a new banking Code of Practice, approved by the Australian Securities and Investments Commission on Tuesday this week.
Bank Accounts
02 Aug, 2018
4 min read
Mark Bristow
Personal Finance Editor
One in five Aussies aren't satisfied with their bank
The banking royal commission may have made an impact on what Australians think of their banks, with bank satisfaction levels declining by 4% over the first half of 2018.
Bank Accounts
24 Jul, 2018
3 min read
Alex Ritchie
Personal Finance Editor
Spending on pets has paws-itively exploded, increases 90%
The amount Australians spend on their furry friends has increased by 90 per cent over the last two years, according to research from Commonwealth Bank.
Bank Accounts
20 Jul, 2018
2 min read
Alex Ritchie
Personal Finance Editor
How Aussies are spending their tax refund
To splurge or not to splurge, that is the question for Aussies when they get their tax refunds this financial year.
Bank Accounts
18 Jul, 2018
3 min read
Nick Bendel
Property & Personal Finance Writer
Money in the bank ain't what it used to be
There are now very few transaction accounts in Australia that pay even 1 per cent in interest without imposing monthly fees or difficult conditions.
Bank Accounts
01 Jul, 2018
1 min read
Alex Ritchie
Personal Finance Editor
Federal Court approves: CBA to pay largest ever civil penalty in history
With the Federal Court’s approval, this has become the largest ever civil penalty in Australian corporate history.
Bank Accounts
20 Jun, 2018
2 min read
Nick Bendel
Property & Personal Finance Writer
ATO busts myths, flags crackdown
As tax time approaches, the Australian Taxation Office has warned that it will pay close attention to claims for work-related clothing and laundry expenses.
Bank Accounts
16 Jun, 2018
3 min read
Alex Ritchie
Personal Finance Editor
CBA agrees to $700m penalty
CBA have come to an agreement with AUSTRAC to pay a $700 million penalty relating to serious breaches of anti-money laundering and counter-terrorism financing laws.
Bank Accounts
04 Jun, 2018
3 min read
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