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Bank Accounts News

The latest bank accounts news and tips

Nick Bendel

Property & Personal Finance Writer

RBA pours cold water on electronic dollars, Bitcoin

The Reserve Bank has no plans to issue a digital form of the Australian dollar, although it recognises that it might one day happen.

Bank Accounts

13 Dec, 2017

2 min read

RBA pours cold water on electronic dollars, Bitcoin
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

Financial literacy programs making a difference for kids
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

Bank customers prefer solving problems face to face
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

Dodging the crowds, What are Australia's busiest Christmas shopping days?
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

Banking royal commission announced
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

Disabled Australians at financial risk
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

Are paper billing fees unfair? Government plans to investigate
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

Steady jobs growth keeps unemployment stable
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

SA scraps bank tax
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

eftpos starts Android Pay rollout
Mark Bristow

Personal Finance Editor

ING scraps international fees

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

ING scraps international fees: now the pressure is on the Big 4 to follow suit
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

Big banks about to release new payment technology