banking

Next to our family and friends, another relationship that has the power to shape our future is the one we have with our banks, lending institutions and insurers. From our savings accounts to our credit cards, business loans and home loans, our day-to-day ... More

Suncorp has been named Bank of the Year for the third consecutive year in the 16th Consumer Finance Awards, published by Money magazine. The annual awards help consumers as they make important decisions about their personal finance. The aim of the awards ... More

A disturbing new trend in which abusers harass their victims through online banking could have long-term consequences, according to a women's advocate against domestic and financial abuse. Commonwealth Bank (CBA) was the first Australian bank to ... More

Investments aren't always what's advertised on the box, the Australian Securities and Investment Commission has warned investors. The regulator has received reports of fixed-income products that are advertised as term deposit alternatives or substitutes ... More

The royal commission's recommended changes to the Banking Code of Practice kicked in yesterday, heralding a new chapter in Australia's beleaguered financial services industry. Changes include: Ceasing default interest on agricultural loans while ... More

Identity theft is becoming all too familiar in Australia. Stories of maxed-out credit cards, account takeovers and stolen licence details are increasingly common, yet rarely do we think "this could happen to me". Until it does. Recent Scamwatch figures ... More

The bushfire crisis ravaging the country has thrown thousands of Australians into untold financial hardship. For many victims, financial hardship arrangements with banks or other credit providers will be a necessary way to navigate the road to recovery. ... More

A basic bank account in Australia now has no minimum deposit, free direct debit facilities (including access to a debit card) and free unlimited domestic transactions. There will also be no such thing as informal overdrafts on low or no-fee accounts ... More

Elder financial abuse comes in many forms. Often it's perpetrated by children impatient to receive their inheritance, or worried that it will be too eroded by the time they get it. Other times it can be the hand of a financial adviser who, against ... More