Savings account news and advice

All the latest savings account news and top tips to help you manage your savings account.

Coles Money banking on savings accounts

Coles Money banking on savings accounts

Australian Super market giant Coles is allegedly in the process of seeking a formal banking licence from the Australian Prudential Regulation Authority (APRA) that would allow it to launch a savings account under it's own name rather than in partnership with a bank.

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Couples savings account claimed by ASIC.

Couples savings account claimed by ASIC.

A Queensland pensioner has emerged from heart surgery to find his savings account funds had been handed over to the Australian Securities and Investment Commission (ASIC), reports the News Limited Network.

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Australia's financial stress index.

Australia's financial stress index.

Australians have tripled their savings account balances in the last three years but consumer financial stress is still very high, according to the findings in the Dun & Bradstreet Consumer Financial stress index

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Australia's savings efforts are paying off.

Australia's savings efforts are paying off.

Australia's new frugal trend is starting to pay off on household savings accounts, with the median savings account balance tripling from $5,155 in 2011 up to $15,427, according to the results of the quarterly ING DIRECT Financial Wellbeing Index.

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