Savings Account News

Up: The bank that believes there’s more to banking than interest rates

Up Bank is the latest digital bank to launch in Australia, and it’s one that’s aiming to catch the eye of millennials and Gen Zs all across the country, thanks to its focus on living instead of banking.

By William Jolly ● April 04, 2019

Retail spending unexpectedly rises in February

Retail sales growth smashed expectations in February, rising 0.8% in seasonally adjusted figures, according to data from the Australian Bureau of Statistics (ABS).

By Emma Duffy ● April 03, 2019

How the 2019-20 budget could affect your savings

Middle-income earners, small business owners and recent retirees are the biggest winners from this year’s Federal Budget, at least in terms of savings in their pockets.

By William Jolly ● April 03, 2019

Millions of Australians to receive one-off payment to help with rising cost of electricity

Four million Australians are set to benefit from a cash handout from the Federal Government to ease the burden of rising electricity costs when the Treasurer Josh Frydenberg hands down the Budget on Tuesday.

By Emma Duffy ● April 01, 2019

Consumer banking satisfaction falls to 77.9%

Amid the process and fallout of the banking royal commission, the average rate of customer satisfaction with Australian banks slid to 77.9% in February 2019, according to Roy Morgan’s latest research.

By Dominic Beattie ● April 01, 2019

ATO tax statistics reveal the richest postcodes, occupations

Surgeons and anesthetists are the country’s richest professions, while the most exclusive places to live lie mostly around Sydney’s northern beaches, the ATO’s latest statistics show.

By William Jolly ● March 29, 2019

Wage expectations remain low

More Australians don’t believe their wages will rise this year than those who do, according to a poll by EY Sweeney.

By Emma Duffy ● March 26, 2019

Singapore, Paris, Hong Kong: The Economist names the world’s most expensive cities

The Economist Intelligence Unit’s (EIU) 2019 Worldwide Cost of Living Survey reveals how Australian cities compare to the rest of the world when it comes to the cost of living.

By William Jolly ● March 19, 2019

‘Bank-xious’: 94% of Australians don’t trust their banks

An ME Bank survey of Australian banking customers has revealed the startling statistics on how Australians feel about their banks in the post royal-commission world.

By William Jolly ● March 18, 2019

What over two-thirds of Aussie consumers say are the wisest places for savings

The mood of Australian consumers has deteriorated this month, according to the latest consumer sentiment index from the Westpac-Melbourne Institute.

By Dominic Beattie ● March 13, 2019

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