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ANZ, WBC, CBA, NAB shares: ACCC deposit inquiry could have devastating effects on the economy

Banks and investors have urged the competition watchdog to consider broader funding costs and balance sheet pressures as part of the inquiry.

Allan graySuhas nayakAssociation of independent retireesNational australia bankKate crousAustralia bankIndependent retirees

Children are becoming more money savvy, report finds

Kids as young as six are showing strong financial capability, new research shows

Western australiaRosa tuYish kohPrabh kaurBowen fungBehavioural insights teamResearcher at behavioural insights teamErnst youngCommonwealth bankAustralian money matters reportLead researcherGeneral managerEveryday bankingKate crousFinancial literacyCommonwealth bank

Investors flock to term deposits over equities

Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies.

Paul rileyMichael millerCommonwealth bankReserve bankKate crous

RBA interest rates: Strategies for securing a sixfold savings rate increase

Rising funding costs mean banks are competing for deposits by increasing savings rates.

Paul rileyRatecity sally tindallAnna blighAustralian banking associationCommonwealth bankOnline saverPlus saverKate crousMoney boost saver

Travel remains top priority despite Aussies curbing spend – Travel Weekly

New ANZ research revealed the most common savings goal for Aussies is travel despite 70% curbing their spending to cope with the cost of living.

Everyday bankingKate crousGoal tracker

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