Banking products
Mortgage pain is set to get worse. Here’s how banks are getting ready for it
Banks have signalled they will support customers struggling with higher interest rates – but it won’t be the same as COVID-19 rescue packages.
- by Clancy Yeates and Millie Muroi
Latest
Analysis
Analysis
NAB takes 1000 calls a day from worried customers as rate rises bite
More people are reaching out to their bank for aid due to the cost of living crisis.
- by John Collett
Analysis
Analysis
Road test: Is a debit card that donates to charity worth it?
New debit cards from ME Bank are designed for those who want to make charitable donations without having to think about it.
- by John Collett
CBA to keep regional bank branches alive a bit longer
As more customers do their banking digitally, the country’s biggest bank will keep its regional branches open until at least the end of 2026.
- by Clancy Yeates
Opinion
Opinion
Why retirees are being short-changed by the big banks
If you want great interest rates on your savings in this market, it is time to switch banks.
- by Bec Wilson
ANZ boss eyes institutional bank investment
ANZ is keen to invest more capital into the part of the bank that services big corporations, a sector that’s benefiting from volatility.
- by Clancy Yeates
‘We want to grow’: India’s wealth is exploding and ANZ wants a piece of the action
Business hopes for the Indian economy haven’t always paid off, but ANZ Bank’s top brass are convinced this time is different.
- by Clancy Yeates
Opinion
Payments
The chequebook is dead. The real victims are Top Gun and breakfast TV
My first thought upon hearing of the death of the chequebook was the same one that occurs every time an elderly celebrity carks it.
- by Andrew Hansen
Cheque-mate: Chalmers makes final move on dying payment network
Most Australians only see cheques in a birthday card from their grandmother. By 2030, the government plans to end the cheque system altogether.
- by Shane Wright
Fantastic plastic? Credit cards are back, but don’t bank on them
A Boomer staple, credit cards fell out of favour with younger Australians with the rise of Afterpay. But applications are on the rise again and spending is soaring. Should you get a credit card?
- by Dominic Powell
Analysis
Cash
Savers can earn over 5 per cent, but only if they read the fine print
Be prepared to jump through hoops to earn a high rate of interest on savings.
- by John Collett