Bank Accounts News
The latest bank accounts news and tips
Alex Ritchie
Personal Finance Editor
Financial literacy programs making a difference for kids
In good news for parents and teachers, an independent evaluation of ASIC’s MoneySmart Teaching Program has found that it yielded strong results amongst students learning financial literacy.
Bank Accounts
12 Dec, 2017
2 min read
Mark Bristow
Personal Finance Editor
Bank customers prefer solving problems face to face
While Aussies are happy to do their banking digitally, it takes a conversation, preferably in person, to answer tricky question and resolve problems, according to a new study.
Bank Accounts
08 Dec, 2017
4 min read
Mark Bristow
Personal Finance Editor
Dodging the crowds, What are Australia's busiest Christmas shopping days?
Australians are planning to spend around $11 billion this Christmas, with new research from the Commonwealth Bank putting each person’s average spend at around $593.
Bank Accounts
04 Dec, 2017
3 min read
Mark Bristow
Personal Finance Editor
Banking royal commission announced
Prime Minister Malcolm Turnbull has announced a royal commission into Australia’s banking sector, following repeated calls for an inquiry into the scandal-prone sector from the finance community and beyond.
Bank Accounts
30 Nov, 2017
3 min read
Mark Bristow
Personal Finance Editor
Disabled Australians at financial risk
A new study has confirmed that people living with disabilities are vulnerable to financial exploitation and abuse by unscrupulous service providers, and that access to financial education may be able to help disabled Australians and carers make more confident financial decisions.
Bank Accounts
27 Nov, 2017
3 min read
Mark Bristow
Personal Finance Editor
Are paper billing fees unfair? Government plans to investigate
If your bank, utility company or telecommunications provider charge you extra to receive paper bills, the Australian government may want to hear from you.
Bank Accounts
22 Nov, 2017
3 min read
Mark Bristow
Personal Finance Editor
Steady jobs growth keeps unemployment stable
The latest job figures from the Australian Bureau of Statistics (ABS) show the nation’s unemployment rate held steady over October 2017.
Bank Accounts
17 Nov, 2017
2 min read
Mark Bristow
Personal Finance Editor
SA scraps bank tax
South Australia’s proposed bank tax has been shelved by the state government, before the bill could be knocked back in the state's upper house for a second time.
Bank Accounts
16 Nov, 2017
2 min read
Mark Bristow
Personal Finance Editor
eftpos starts Android Pay rollout
ANZ and Cuscal have added eftpos functionality to their Android Pay services, providing more flexibility and options for Australians to conveniently manage their payments while shopping.
Bank Accounts
15 Nov, 2017
2 min read
Sally Tindall
Research Director
ING scraps international fees: now the pressure is on the Big 4 to follow suit
ING has today scrapped all international ATM, credit and debit card charges for their customers. This includes ATM withdrawal fees, ATM currency conversion fees, international purchase fees on debit cards and a refund of any overseas third party ATM fees.
Bank Accounts
10 Nov, 2017
3 min read
Nick Bendel
Property & Personal Finance Writer
Big banks about to release new payment technology
Commonwealth Bank, NAB and Westpac have formed a technology joint venture that has started developing a free payment app.
Bank Accounts
31 Oct, 2017
2 min read
Mark Bristow
Personal Finance Editor
ASIC shifts strategy from financial literacy to capability
The Australian Securities and Investments Commission (ASIC) is proposing updates to its National Financial Literacy Strategy, including shifting the focus to financial capability and outcomes rather than financial literacy alone.
Bank Accounts
17 Oct, 2017
3 min read
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