Bank account news and advice

Four years after debuting in Australia, Apple Pay is now available to customers of both ME and Heritage Bank following separate announcements last week. 

Do you regularly resort to sneaky Google searches to translate financial terms popping up in the news? Then let this monthly alphabetised glossary of money jargon guide you through the financial section of any morning news bulletin or weekend trivia night.

The Australian Competition and Consumer Commission (ACCC) has warned online shoppers to look out for unexpected international transaction fees, when purchasing from major brands.

For the 11th year running, Australians have rated their favourite banks and providers as part of the 2020 Mozo People’s Choice Awards.

As restrictions are slowly being lifted around the country, Australians can begin taking stock of their crisis spending habits, and how these might evolve post-lockdown. 

B Labs is a not-for-profit organisation that aims to hold businesses accountable for how they treat their employees, whether they give back to the community and what kind of impact their operations have on the environment.

ASIC plans to implement a new national expert group to support financial education beyond the classroom in 2020.

Westpac customers toting iPhones can now make contactless transactions using Apple Pay.

You may unknowingly have lost bundles of cash over the years.

MyState Bank has reported close to a 30% decrease in cash withdrawals this month alone.