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Savings Accounts News

The latest savings accounts news and tips

Nick Bendel

Property & Personal Finance Writer

Tax scammers want to steal your savings

The authorities are working with retailers to help prevent a scam in which consumers are cajoled to buy gift cards to pay fake tax debts.

Savings Accounts

12 Oct, 2017

3 min read

Tax scammers want to steal your savings
Alex Ritchie

Personal Finance Editor

Aussies throw away $446 million a year in loose change

ING research has found that more than half of Australians do not think twice about losing loose change, and it’s costing them a collective $38.85 million a month.

Savings Accounts

03 Oct, 2017

2 min read

Aussies throw away $446 million a year in loose change
Alex Ritchie

Personal Finance Editor

Scrapping ATM fees: what it really means for your wallet

We have compiled a list of ways removing ATM fees will help Australians, and ways the banks could make this hurt.

Savings Accounts

25 Sep, 2017

4 min read

Scrapping ATM fees: what it really means for your wallet
Nick Bendel

Property & Personal Finance Writer

Big banks help smaller rivals by abolishing ATM fees

Smaller lenders will be the surprise winner from yesterday’s decision by the big four banks to no longer impose ATM fees on non-customers.

Savings Accounts

25 Sep, 2017

2 min read

Big banks help smaller rivals by abolishing ATM fees
Nick Bendel

Property & Personal Finance Writer

ATM fees just the tip of a $4-billion-dollar iceberg

While yesterday’s decision by the big four banks to dump controversial ATM fees has been met with applause, it’s just the tip of the iceberg when it comes to bank fees.

Savings Accounts

25 Sep, 2017

4 min read

ATM fees just the tip of a $4-billion-dollar iceberg
Mark Bristow

Personal Finance Editor

Banks call for time on BEAR legislation

Australia’s federal government has released draft legislation for the Bank Executive Accountability Regime (BEAR), and the nation’s bankers are calling for more time to have their say.

Savings Accounts

25 Sep, 2017

3 min read

Banks call for time on BEAR legislation
Mark Bristow

Personal Finance Editor

Australia ranked second in Asia Pacific alternative finance

Australia’s alternative finance market grew by over 50% in 2016, outpacing Japan, South Korea, New Zealand, Singapore and India.

Savings Accounts

22 Sep, 2017

2 min read

Australia ranked second in Asia Pacific alternative finance
Alex Ritchie

Personal Finance Editor

More senior leadership shakeups for CBA

Commonwealth Bank have today announced a change in its leadership team, with Head of Group Executive Wealth Management, Annabel Spring, leaving in December.

Savings Accounts

21 Sep, 2017

2 min read

More senior leadership shakeups for CBA
Alex Ritchie

Personal Finance Editor

Job availabilities increase in August

New job ads increased 13.2 per cent in August 2017 compared to 12 months ago, according to SEEK data.

Savings Accounts

20 Sep, 2017

2 min read

Job availabilities increase in August
Nick Bendel

Property & Personal Finance Writer

New program aims to make children better with money

School children will be given access to fun financial literacy lessons under a program being led by the Financial Planning Association of Australia.

Savings Accounts

07 Sep, 2017

2 min read

New program aims to make children better with money
Nick Bendel

Property & Personal Finance Writer

Politicians aim for enhanced consumer protection

Consumer affairs ministers from across the country are meeting today in Melbourne to discuss legislation to protect consumers.

Savings Accounts

31 Aug, 2017

1 min read

Politicians aim for enhanced consumer protection
Alex Ritchie

Personal Finance Editor

Research shows Aussies don't trust the banking industry

New research from the Australian Bankers’ Association (ABA) has found low levels of trust, confidence and transparency in the banking industry.

Savings Accounts

29 Aug, 2017

2 min read

Research shows Aussies don't trust the banking industry