Big banks about to release new payment technology

Commonwealth Bank, NAB and Westpac have formed a technology joint venture that has started developing a free payment app.

Aussies flushing thousands of dollars down the toilet

Ever fancied the idea of flushing money down the toilet? It sounds ridiculous, yet many Australians do something similar.

New vehicle sales fall 0.8%

New data has revealed that Australians have been buying fewer new motor vehicles, suggesting that consumer confidence is weakening.

Authorities cracking down on interest-only loans

Australia’s financial services regulator has said it will investigate lenders and mortgage brokers who write relatively high volumes of interest-only loans.

NAB makes big changes to its rewards program

NAB has cancelled its American Express credit card and also changed earn rates for two of its Visa cards.

CBA launches charm offensive with new low-rate credit card

CBA has launched another initiative to win back public faith, as leaders from the big banks prepare to face a parliamentary grilling in Canberra today.

5 car loan traps to avoid

We all love our cars, and can talk endlessly about speed, torque and engines, but unfortunately many of us struggle to understand car loans.

What is conveyancing?

Conveyancing is the process of transferring legal ownership of a property from one party to another.

Which banks allow free ATM withdrawals?

Commonwealth Bank caused a stir on 24 September when it eliminated ATM withdrawal fees for non-customers – forcing other lenders to follow its lead.

Why do banks change interest rates when the cash rate is steady?

Banks, credit unions, building societies and non-bank lenders often take their lead from the Reserve Bank of Australia when making decisions about interest rates.