Bank Accounts News

Australians seeking financial advice from friends and family

Almost one in five Australians (17.2 per cent or 3.5 million people) have been asked for financial advice by their friends or family, according to research from Roy Morgan.

One third of Aussies lack confidence in financial future

One in three Australians report feeling uncertain about their financial future, according to new research from the Commonwealth Bank and the Melbourne Institute.

Fitbit to be used for Sydney’s Opal via Visa, MasterCard

If you’ve used the start of the year for a health kick and have a Fitbit on your wrist, you might be able to use it to catch a train or ferry in Sydney.

NAB cuts ties with rediATM, stays fee free

Need to pull out money in Australia? NAB won’t be issuing a fee to its customers, nor to people who use NAB machines to pull out money from other banks.

Know your rights and don’t get stuck with a dud Christmas present

New data from the Australian Competition and Consumer Commission (ACCC) shows that more people than ever before are complaining about faulty products and services.

Up makes it easier to transfer money

One of Australia’s newest banks has unveiled an Australian-first initiative - conversational payments in app for customers.

All that Christmas shopping is causing financial stress

Australians have bought an average of 11 Christmas presents, at a total cost of $240, but many would have rather cut back, a survey has found.

Your Christmas feast will be your most expensive meal this year

11.2 million Australians have admitted to overspending on food and groceries during the holiday season compared to the rest of the year, according to new research from CBA.

Australia's biggest bank finally offers Apple Pay

Today’s announcement that the Commonwealth Bank is joining the Apple Pay platform is a win for customers who had grown weary of the banks’ limited payment technologies.

More Aussies swapping bank branches for mobile banking

When was the last time you went into a bank branch to make a transaction? The odds are much better that your last bank transaction was made on a mobile device, according to new research from Roy Morgan.

RBA looks towards cashless future

Punters keep credit cards in pocket for Melbourne Cup

While many Aussies will be sipping champagne with their eyes glued to a television tomorrow, their credit cards will be nowhere in sight, according to research from Commonwealth Bank.