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Bank Accounts News

The latest bank accounts news and tips

Mark Bristow

Personal Finance Editor

CBA puts focus on service, not sales

The Commonwealth Bank is continuing its recent charm offensive by changing how it pays its frontline staff. Rather than offering tellers financial incentives to make sales, the new system will reward the delivery of superior customer service in CBA branches.

Bank Accounts

13 Oct, 2017

2 min read

CBA puts focus on service, not sales
Mark Bristow

Personal Finance Editor

Banking with your digital assistant

If you’ve ever asked a friendly disembodied voice to schedule an appointment, answer a trivia question, or just to tell a silly joke, then you may also be happy to ask your digital assistant for financial advice. With this in mind, National Australia Bank (NAB) has teamed up with Google to launch a new app for the Google Assistant platform.

Bank Accounts

06 Oct, 2017

2 min read

Banking with your digital assistant
Nick Bendel

Property & Personal Finance Writer

Which banks allow free ATM withdrawals?

Commonwealth Bank caused a stir on 24 September when it eliminated ATM withdrawal fees for non-customers – forcing other lenders to follow its lead.

Bank Accounts

29 Sep, 2017

1 min read

Which banks allow free ATM withdrawals?
Mark Bristow

Personal Finance Editor

ATM usage surges after fee removal

Just days after eliminating withdrawal fees from its ATMs, Commonwealth Bank has recorded a significant increase in usage of its machines by customers of other banks.

Bank Accounts

28 Sep, 2017

2 min read

ATM usage surges after fee removal
Nick Bendel

Property & Personal Finance Writer

CBA makes it easier to pay with phones and watches

Commonwealth Bank has unveiled two new on-the-go payment methods for consumers.

Bank Accounts

18 Sep, 2017

2 min read

CBA makes it easier to pay with phones and watches
Mark Bristow

Personal Finance Editor

Aussies spend more on bare necessities

Australians are seeing basic expenses gobble up a larger share of their household budgets, but are experiencing less financial stress, according to new figures released from the Australian Bureau of Statistics (ABS).

Bank Accounts

14 Sep, 2017

2 min read

Aussies spend more on bare necessities
Mark Bristow

Personal Finance Editor

Aussie households less optimistic about their financial future

A significant percentage of Australians have concerns about their financial comfort, given recent economic forecasts of rising household costs, growing risk of mortgage stress, and relatively slow growth in incomes.

Bank Accounts

31 Jul, 2017

4 min read

Aussie households less optimistic about their financial future
Jodie Humphries

Personal Finance Editor

How to stop paying ATM fees for good

How many times have you been caught out without cash and had to use the closest ATM you can find?

Bank Accounts

05 Oct, 2016

2 min read

How to stop paying ATM fees for good
Kate Cowling

eftpos squares up to payWave threat with new contactless card

An eftpos contactless card is set to hit the market in the next twelve months and is currently undergoing internal trials with a number of banks.

Bank Accounts

17 Sep, 2013

3 min read

eftpos squares up to payWave threat with new contactless card
Laine Gordon

Head of Public Relations

$163m fee sting for Aussie battlers

Latest research reveals low-income earners are forking out an estimated $163 million each year in avoidable bank fees.

Bank Accounts

15 Jul, 2013

3 min read

$163m fee sting for Aussie battlers
Laine Gordon

Head of Public Relations

Banks haul in record fee revenue

The average Australian household currently is paying around $9 each week in bank fees, much of which is largely avoidable.

Bank Accounts

01 Jul, 2013

3 min read

Banks haul in record fee revenue
Laine Gordon

Head of Public Relations

Basic finances out of reach for 1 in 5 Aussies

More than three million Australians lack access to critical financial services including transaction accounts, credit cards and basic home and car insurance, a new report has revealed.

Bank Accounts

13 Jun, 2013

3 min read

Basic finances out of reach for 1 in 5 Aussies