Savings account news and advice

All the latest savings account news and top tips to help you manage your savings account.

Key to increased savings a streamlined approach

Key to increased savings a streamlined approach

Contrary to common belief and financial product marketing practice, new findings from American researchers suggests that keeping it simple with a single savings account may be the most efficient way to maximise your savings.

Read More
Gen Y better savers than Gen X and babyboomers

Gen Y better savers than Gen X and babyboomers

According to the RaboDirect annual Savings and Debt Barometer, Gen Y are best generation of savers, with 29 per cent saving a regular amount each month compared with 19 per cent of baby boomers. Gen Y, who usually get a bad rap for credit card debt and irresponsible spending are proving the older generations wrong with their disciplined savings habits.

Read More
Coles Money banking on savings accounts

Coles Money banking on savings accounts

Australian Super market giant Coles is allegedly in the process of seeking a formal banking licence from the Australian Prudential Regulation Authority (APRA) that would allow it to launch a savings account under it's own name rather than in partnership with a bank.

Read More
Couples savings account claimed by ASIC.

Couples savings account claimed by ASIC.

A Queensland pensioner has emerged from heart surgery to find his savings account funds had been handed over to the Australian Securities and Investment Commission (ASIC), reports the News Limited Network.

Read More
Australia's financial stress index.

Australia's financial stress index.

Australians have tripled their savings account balances in the last three years but consumer financial stress is still very high, according to the findings in the Dun & Bradstreet Consumer Financial stress index

Read More