Bank Accounts News
The latest bank accounts news and tips
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
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
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
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
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
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
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
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
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
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
Laine Gordon
Money Editor
$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
Laine Gordon
Money Editor
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
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