Banks have been heard to complain that there’s no customer loyalty any more – on the contrary we believe there are still too many consumers who don’t shop around to get the best accounts, interest rates or pay less bank charges. Start saving money at higher rates and stop paying un-necessary charges – the first step to better finances is to take a look at your bank. Is it the best for you in your situation? Have you always banked there? If so, why?
Banking reforms – Easier switching of bank accounts from one bank to another started in July
Switching bank accounts got much easier in July – just walk into a new bank, give them your old account details and they’ll get a list of your direct debits and credits then you can decide which ones to move with you.
Which are the best bank accounts?
Why do Australians continue to pay fees for monthly bank accounts when they don’t have to?
How do I choose the right mortgage?
It’s a great irony that while many people love to moan about Australia’s greedy banks, the majority of homeowners continue to take out their mortgages with one of the big four: NAB, CBA, Westpac or ANZ…
Savings accounts – which are the best savings accounts?
CHOOSING the right savings account should be one of life’s easiest tasks.
If only we could look online or study the newspaper best-buy tables, select the best rate and then just relax…
Banks favour savers over borrowers
Good news for savers. The big four banks are engaged in a bitter price war to attract more deposits from customers and are offering more generous deals on savings accounts accounts compared to offers for mortgage customers…
High interest savings losing money?
Even before May’s surprising 0.50 per cent interest rate cut, almost four out of five higher rate taxpayers were losing money on their savings account after tax and inflation were taken into account, and over half of those earning over $80,000 a year were losing money…
Buying an investment property?
Investing in property is Australia’s favourite pastime. More than 1.7million people already own an investment property, and with generous government tax breaks and relatively low interest rates, many people still advocate property investing…
