Savings Account News

Most Australians couldn’t cover $1,000 in an emergency

New research from Budget Direct Home Insurance has revealed an alarming number of Australians have minimal financial safety nets in place.

By Alex Brewster ● October 03, 2019

Three in four Aussies now savings focused: UBank

New research from UBank has found 53% of Australians believe that being financially savvy is ‘cool’.

By Alex Brewster ● September 30, 2019

NAB, ANZ, Westpac & more: The banks who cut term deposit rates in September

More than 50 banks made changes to their term deposit rates this month, with the vast majority of these changes being cuts.

By William Jolly ● September 27, 2019

NAB to remove over 100 customer fees

National Australia Bank (NAB) today announced plans to scrap more than 100 fees from across its products and services.

By Alex Brewster ● September 26, 2019

Physical health, not financial fitness the focus for millennial women

Only four in ten millennial women say they’re confident about their financial futures, with young women more likely to invest in their physical health than their financial fitness.

By Emma Duffy ● September 25, 2019

ANZ and RAMS shearing more points off savings account rates

As the ongoing interest rate on ANZ’s online saver account approaches zero, one of Australia’s highest-rate accounts will also have its interest rate cut tomorrow in spite of the Reserve Bank’s decision to hold the cash rate steady this month.

By Dominic Beattie ● September 24, 2019

Australians leaving $10 billion on the table in unclaimed benefits every year

A new CommBank app feature aims to change that, by connecting Australians with over 250 unclaimed benefits and rebates.

By Emma Duffy ● September 19, 2019

Qantas and Virgin CEOs slam Australian airports fees

The CEOs of Australia’s two biggest airlines have called for the federal government to impose regulations on airports and decrease passenger fees.

By Alex Brewster ● September 19, 2019

ING cutting max Savings Maximiser rate to 2.20%

Despite the Reserve Bank of Australia holding the cash rate steady this month, ING Australia will tomorrow cut the maximum interest rate on one of Australia’s most popular savings accounts.

By Dominic Beattie ● September 17, 2019

Electricity costs fall but consumers can still save more

Electricity pricing reforms that came into effect on 1 July 2019 have saved Australian households between $130 to $430 a year on average.

By Alex Brewster ● September 16, 2019

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