Bank Accounts News
The latest bank accounts news and tips
Mark Bristow
Personal Finance Editor
App-using bank customers more likely to share the love
Do you mostly do your banking on an app? If you do, you may be more likely to be satisfied with your bank, and more likely to recommend their services to a friend, according to a new study.
Bank Accounts
03 Mar, 2018
2 min read
Nick Bendel
Property & Personal Finance Writer
Australia's $50 note gets a makeover
The Reserve Bank has today revealed the design of the new $50 banknote, which will be released into general circulation in October 2018.
Bank Accounts
15 Feb, 2018
2 min read
Alex Ritchie
Personal Finance Editor
Can't buy me love; Aussies spend $23 million on Valentine's Day
Last Valentine’s Day, Aussies spent over $23 million dollars on romance, with millennials putting other generations to shame with how much they’re willing to spend on love.
Bank Accounts
13 Feb, 2018
3 min read
Georgie Hay
NPP is a game-changer if all banks step up to the plate
Banking comparison site RateCity has welcomed the introduction of the of the New Payments Platform (NPP) which will be rolled out from today, but warns it may take some time before the system delivers on its promises.
Bank Accounts
13 Feb, 2018
3 min read
Alex Ritchie
Personal Finance Editor
Australians losing millions to romance scams
ANZ has released a warning to watch out for deception this Valentine’s Day, as Australians are losing millions of dollars to romance scams, with men and Aussies over 55 most likely to be the targets.
Bank Accounts
12 Feb, 2018
3 min read
Mark Bristow
Personal Finance Editor
Counting the cost of overseas fees in 2017
Australian travellers lost $442 million in overseas bank fees and charge over 2017, according to new research from ING. At the individual level, this breaks down to paying $155 per person, per trip, for the convenience of accessing their finances internationally.
Bank Accounts
09 Feb, 2018
2 min read
Mark Bristow
Personal Finance Editor
Rising costs affecting vulnerable households
Pensioners and other recipients of government benefits have been the most affected by rising prices for goods and services, according to the latest figures from the Australian Bureau of Statistics (ABS).
Bank Accounts
07 Feb, 2018
3 min read
Alex Ritchie
Personal Finance Editor
What you need to know about the New Payments Platform
Gone are the days of waiting for payments to reach your account. The New Payments Platform is set to transform the way Australians spend money.
Bank Accounts
07 Feb, 2018
6 min read
Alex Ritchie
Personal Finance Editor
CBA, ANZ, NAB, Westpac and AMP have "conflicts of interest" when giving advice: ASIC
Can you trust your bank to give you the most unbiased financial advice? ASIC isn’t so sure.
Bank Accounts
25 Jan, 2018
2 min read
Nick Bendel
Property & Personal Finance Writer
Big banks unveil app, chatbot
Westpac and Commonwealth Bank have launched digital technologies to make it easier for customers to make payments and do everyday banking tasks.
Bank Accounts
22 Jan, 2018
2 min read
Alex Ritchie
Personal Finance Editor
"Hey Alexa, how much do I owe on my credit card?"
Bank customers will now be able to access their personal finances, transaction details and rewards history through Alexa – Amazon's voice controlled virtual assistant.
Bank Accounts
18 Jan, 2018
3 min read
Mark Bristow
Personal Finance Editor
Bank customers reluctant to consolidate or switch
While Australian bank customers are mostly remaining loyal to Australia’s big banks, they also lack sufficient motivation to consolidate their wealth with one lender or switch to a new lender, according to a new survey.
Bank Accounts
17 Jan, 2018
2 min read
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Mark Bristow
Personal Finance Editor
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