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Bank Accounts News

The latest bank accounts news and tips

Nick Bendel

Property & Personal Finance Writer

Want a personal loan? Smaller lenders want your business

A host of smaller lenders are fighting for market share with some of the cheapest personal loans in Australia.

Bank Accounts

26 Aug, 2018

2 min read

Want a personal loan? Smaller lenders want your business
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

CBA customers raise $5.8 million for drought-stricken farmers
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

1.8m Australians have registered a PayID
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

Aussie wages continue to grow at a snail's pace
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

ING unveils fee-free account for teenagers
Mark Bristow

Personal Finance Editor

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

Can the new Code of Practice restore the reputation of the Banks?
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

One in five Aussies aren't satisfied with their bank
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

Spending on pets has paws-itively exploded, increases 90%
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

How Aussies are spending their tax refund
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

Money in the bank ain't what it used to be
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

Federal Court approves: CBA to pay largest ever civil penalty in history
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

ATO busts myths, flags crackdown