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Amazon Prime scam robs elderly CommBank customer of $40,000

‘I had blind faith in the bank — unfounded, as it turned out.’

7 min read

Barry Casey was fleeced out of $40,000 by scammers impersonating Amazon, and Commonwealth Bank were unable to recover the funds.

‘Other banks will follow’: Concern mounts after major bank’s cashless move

One of Australia’s major banks this week announced a plan to phase out cash transactions.

3 min read

A regional business has hit out at a major bank’s decision to shift away from over-the-counter cash transactions, saying there’s still a need for physical money in rural areas.

Macquarie Bank to scrap cash and cheque services in all branches

2 min read

Macquarie Bank is scrapping cash, cheque and phone payment services next year in a major move to modernise its offerings.

The little-known reason money could be disappearing from your bank account

2 min read

Saving any money in a cost-of-living crisis is difficult, but many of us still funnel what we can into a savings account and let it earn interest, hoping to build enough for big-ticket items such as a home deposit.

Major bank to be sued for failing to respond to customers in financial crisis

1 min read

Westpac is accused of failing to respond to financial hardship notices from hundreds of customers.

Commonwealth Bank announces major $10,000 change

3 min read

Commonwealth Bank is rolling out caps on cryptocurrency exchanges over $10,000.