In the past 12 months you’ve probably heard the word “neobank” thrown around a few times, which may have left you wondering exactly what it is, and how it’s different to a traditional bank. If you haven’t yet had a chance to find out, here’s the rundown.
Three Reserve Bank of Australia (RBA) rate cuts in 2019 have taken the cash rate to a record low of 0.75%. In response, big banks are slashing their savings rates and their home loan rates. Here’s what that means for your saving account.
If you’re trying to live in a way that helps mitigate the effects of climate change, you might resolve to fly less often or eat less meat. But what about switching banks?