Big 4 banks shut 350 branches across Australia during COVID
Westpac, ANZ, NAB and CommBank have already or plan to close down 350 bank branches between January 2020 and Christmas 2021.
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Australia's Best Savings and Bank Accounts for 2021 Unveiled
With interest rates in Australia stuck at an all time low, getting the best value savings, bank accounts and term deposits is critical, whether you’re wanting to maximise your interest rate, enjoy fee-free everyday banking or reach your savings goal faster.
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Qudos Bank wins Australia’s Best Customer Owned Bank Award for the fourth year in a row
Over the years, customer-owned banks have become an increasingly popular alternative to the big banks. For the fourth year in a row, Qudos Bank has proven to be one of the best choices around, winning the title of Australia’s Best Customer Owned Bank in the 2023 Mozo Experts Choice Awards.
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ubank named Australia’s best essential bank
Since its founding in 2008, ubank has made a name for itself with its competitive rates and innovative approach to banking. And it continues to impress, earning the title of Australia’s best essential bank for the 2022 Mozo Expert’s Choice Banking Awards.
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Westpac wins award for Australia’s Best Major Bank for third year in a row
If you’re like the vast majority of Australians, you probably bank with one of the Big Four, i.e. CommBank, NAB, ANZ, or Westpac. But which major bank is the best?
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MOVE Bank named Australia’s Best Small Mutual Bank for 2021
It’s time to give MOVE Bank another round of applause, as they’ve just taken out the title of Australia’s Best Small Mutual Bank for the second year in a row.
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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!
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Illawarra Credit Union named Australia’s best credit union
Founded nearly 50 years ago, Illawarra Credit Union has learned a thing or two about keeping customers happy. And it's this customer-centred approach to banking that helped it win the title of Australia’s Best Credit Union in our 2021 Best Banking Awards.Our team of judges assessed 89 providers on the basis of value and quality. The winners were determined by the number of Mozo Experts Choice Awards they had won over the last 12 months and how their products compared against competitors.Illawarra Credit Union stood out mainly for its home loans, which were recognised in the offset, first home buyer, and packaged home loan categories in 2021. But it also impressed our judges with its personal loan and car loan offers.Since 1972, Illawarra Credit Union has provided a community-oriented banking alternative to the big banks. As a customer-owned credit union, it’s able to invest its profits into improving its products and services, rather than divvying it out to shareholders. We’ve collected an assortment of Illawarra Credit Union products below, but if you’re looking for more information on its win, be sure to read our 2021 Australia's Best Banking methodology report.
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Australia's top rated banking providers in the 2023 Mozo People's Choice Awards
As the cost of living continues to rise it pays to know your banking provider has your back, which is why factors like trust and customer service should be top of mind.
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Aussies flock to socially responsible bank, Teachers Mutual
Teachers Mutual Bank has reported a dramatic increase in interest in just 18 months. Between 2019 and 2020 the mutual bank (formerly a credit union) says its product portfolio increased a staggering $4.3 billion, from $2 billion to $6.4 billion.
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