Savings Account News

Nearly half of Australians want financial advice: ASIC

Research by ASIC has revealed the attitudes of Australians towards financial advisers, with 41% of Australians revealing they intend to get personal financial advice in the near future.

By William Jolly ● August 26, 2019

Nearly half of Australians have heard of superannuation reforms, research finds

Just over a month since the Australian Government implemented its Protecting Your Super (PYS) reform package, new research by MLC Life Insurance shows that nearly half of Australian super fund members have heard of the reform.

By Emma Duffy ● August 26, 2019

Aussies paying $30 a month for video streaming services

Australians have an average monthly budget of $30 to cover all their video streaming needs, and that number could be set to rise. But at what cost?

By William Jolly ● August 23, 2019

Last drinks called for stingy mates: 70% of us say buying drinks is “financially unfair”

Buying rounds of drinks for your mates seems like an Aussie tradition, but most of us would rather just buy our own drinks to save money.

By Emma Duffy ● August 23, 2019

RAMS to cut savings account rate by a further 20 basis points

One of the market-leading savings accounts, the RAMS Saver, will have its interest rate reduced by 20 basis points tomorrow.

By William Jolly ● August 22, 2019

Aussies splash almost $20 billion on gifts

Research from the Financial Planning Association of Australia (FPA) has revealed Australians spend $19.8 billion buying gifts each year.

By Alex Brewster ● August 22, 2019

ANZ program offering up to $500 for struggling savers

The long-running, ANZ-part-funded program Saver Plus offers up to $500 in matched savings to those who are perhaps struggling to save money on a regular basis.

By William Jolly ● August 21, 2019

“This is not a problem caused by avocado brunches or too many lattes”: Millennials financially worse off than Baby Boomers

A new Grattan Insitute report, “Generation Gap: Ensuring a fair go for younger Australians” reveals younger generations are in danger of being the first generation to have lower living standards than their parents’ generation.

By Emma Duffy ● August 19, 2019

Australian financial comfort falls – ME Bank

Households across the country are feeling worse about their net wealth, jobs, income and living expenses than at the start of the year, according to a recent survey.

By Alex Brewster ● August 12, 2019

Consumer Data Right passes: What does this mean for customers?

The Consumer Data Right (CDR) legislation was passed by the Senate yesterday afternoon, paving the way for open banking to finally begin in Australia.

By William Jolly ● August 02, 2019

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