A third of Australians would trust a bot over a real person to offer them financial advice, as faith in the human side of the financial sector wavers in the wake of the Banking Royal Commission.
Despite being one of the most financially aware generations, millennials are the most worried about their financial future, according to research by Mortgage Choice and Core Data.
New Research by Raiz has found many Australians lack a clear understanding about basic personal finance, including their own savings account’s interest rate.
Despite promising significant tax cuts, most consumers don’t expect the Australian Government’s 2019 Federal Budget to have a positive effect on their finances over the next 12 months, according to a survey.
Amid the proliferation of flashy finance apps and digital savings tools in recent years, Gateway Bank’s new CEO Lexi Airey has called on Aussies to get back to old-school methods of saving and embrace the value of thrift.
Low income earners are set to receive bigger tax cuts under a Labor government, as Bill Shorten is set to use his budget reply on Thursday to focus on people earning under $40,000.
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.
Retail sales growth smashed expectations in February, rising 0.8% in seasonally adjusted figures, according to data from the Australian Bureau of Statistics (ABS).