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Home / Savings Account News

Savings Account News

Two million Aussies dump private health insurance as prices soar

New research has compounded a miserable year for the private health insurance sector, with 2.23 million Australians dumping their cover in the past five years.

By Alex Brewster ● December 30, 2019

ACCC: Household electricity bills fall but affordability still a concern

The average annual bill for households in 2018-19 fell by $65 (4%) compared with the previous year, according to the Australian Competition and Consumer Commission (ACCC).

By Alex Brewster ● December 23, 2019

Household wealth hits record high, unemployment falls

Australia's household wealth has hit record highs for consecutive quarters, with new figures smashing the June quarter high of $10,455 billion.

By Alex Brewster ● December 19, 2019

Aussies still not spending leading up to Christmas

Australian's spending habits are still subdued despite the Christmas season, according to research from both Commonwealth Bank (CBA) and NAB.

By William Jolly ● December 18, 2019

ANZ yet to refund over 70% of overcharged customers

ANZ has still refunded less than 30% of customers the Banking Royal Commission found it had overcharged.

By Alex Brewster ● December 18, 2019

Volt Bank launches savings account to waitlist

Neobank Volt has begun accepting customers from its 40,000-strong waitlist ahead of a public launch in early 2020.

By Emma Duffy ● December 16, 2019

Commonwealth Bank launches cashback offer on credit and debit cards

Commonwealth Bank (CBA) has today launched 'CommBank Rewards', which will see eligible customers receive cash-back when they spend using their CBA credit or debit Mastercard with selected brands.

By Alex Brewster ● December 16, 2019

Volt to offer up to 2.15% on new savings account

One of Australia's newest banks, Volt, promises to offer a savings account with a 2.15% p.a. interest rate.

By William Jolly ● December 10, 2019

Aussies are saving more, borrowing less than they were five years ago

Australians' financial wellbeing has improved over the last five years, driven by more saving and less borrowing for everyday expenses.

By Emma Duffy ● December 10, 2019

UBank and Basiq launch world first AI-powered debit card

UBank have announced a partnership with fintech Basiq, with the two looking to take advantage of open banking by giving customers a more complete picture of their finances.

By Alex Brewster ● December 10, 2019

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