On 22 September 2022, Optus announced the personal data of up to 9.8 million Australian customers has been breached in a cyber attack. Since then, national banks have been on high-alert monitoring accounts for suspicious or fraudulent activity, and we've had another massive data breach with Medibank, where a reported 5.1 million customers had their details exposed.
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As Australians continue to fight climate change, many are looking to make their finances greener by choosing the right bank. Why do this? Well, in short, by changing to a green financial provider, you can move your money out of banks that invest in fossil fuels or that impact the environment in other ways.
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The Australian Competition and Consumer Commission (ACCC) is set to crack down on businesses misleading consumers on environmental and sustainability claims.
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Online banks, or neobanks, are becoming more common and popular in Australia.
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Aussies are more satisfied by mutual banks than major banks, according to a new report from Roy Morgan.
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It’s that time of year again, where our expert team of judges analyse data to find the top Australian banking providers. And Macquarie Bank has been crowned Australia’s Best Bank in the 2022 Mozo Experts Choice Best Banking Awards.
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Whenever the Reserve Bank of Australia (RBA) lifts the official cash rate, lenders and banks take it as a cue to hike their variable interest home loans, too. But while they’re normally a little slower to do the same with savings accounts, we’re finally beginning to see some welcome rises.
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Suncorp making an agreement to sell its banking business to ANZ for $4.9 billion raises all sorts of questions.
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Your bank has access to your most important personal information and your money, so being able to trust them is oh-so-important. With trust accounting for 75% of a brand’s reputation, it’s also important that your bank is able to secure your trust.
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The Australian Prudential Regulation Authority (APRA) has officially authorised the first Australian Islamic bank to have a restricted deposit-taking license under the Banking Act.
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