Trust your bank to be green? ACCC goes after greenwashers
The Australian Competition and Consumer Commission (ACCC) is set to crack down on businesses misleading consumers on environmental and sustainability claims.
What are the pros and cons of online banks?
Online banks, or neobanks, are becoming more common and popular in Australia.
Aussies are more satisfied by mutual banks over major banks, says report
Aussies are more satisfied by mutual banks than major banks, according to a new report from Roy Morgan.
Home loan rates are up, but so are savings accounts! Is it time to switch?
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.
Suncorp sells its bank to ANZ, but what does that mean for you?
Suncorp making an agreement to sell its banking business to ANZ for $4.9 billion raises all sorts of questions.
Which banks do Aussies trust? Bendigo Bank and ING lead the way
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.
Australia’s first Islamic Bank set to open soon
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.
Uptake of digital payment methods and bank account ownership spurred on by the Covid pandemic
According to The World Bank, the COVID 19 pandemic “spurred financial inclusion.” The2021 release of The Global Findex Database found that during the pandemic, many people around the world opened their first bank account and influenced people to turn to digital payment methods for the first time.
How does the Volt Bank closure affect you?
Volt Bank announced it is closing shop, telling customers they need to clear out their funds by July 5, 2022.
ING crowned Australia’s Best Bank finalist
For the fourth year in a row, ING has taken home a major win in the Best Bank category of the Mozo Experts Choice Banking Awards. Huzzah!