How Aussie woman claimed $28,000 she didn’t know she was owed
A South Australian woman has received a $28,000 cash payout through a junk insurance refund she had no idea she was eligible for.Following a banking royal commission finding in…
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Banking
Australia’s largest super fund to repay customers $70 million: ‘Should not have happened’
Australia’s largest super fund has apologised and reported itself to regulators after inadvertently double charging members with multiple accounts.AustralianSuper said on Friday it…
The ‘simple’ credit card act costing Australians $1.1 billion
Complacency with credit cards is leading to millions of Australians losing out on $100 a year, new research has revealed.More than 11 million Australians have credit cards, but a…
Major change for customers of popular bank: ‘Real blow’
Australians who use the popular ING Orange Everyday account when travelling will no longer receive a refund for international ATM fees.ING is scrapping its unlimited rebates on…
Check your phone now: Major Aussie bank targeted in new high-tech fraud
A sophisticated scam using new technology to con Australians out of millions of dollars is now targeting some ING bank customers.Technology allowing scammers to impersonate the…
Major Aussie bank makes unexpected rate announcement as RBA hits pause
Macquarie Bank has announced that it will reduce most of its fixed home loan interest rates by up to 0.3 per cent per annum.The announcement follows the Reserve Bank of Australia…
Banking Worries Ripple Around the Globe
Worries about recent bank failures and bailouts are rippling through the world economy, from New York to Beijing, and central bankers are working to calm depositors and financial…
Westpac confirms more branch closures: ‘Not made lightly’
Westpac has announced it will be closing two more branches in Sydney next month.In the past six months, the major bank closed a stack of branches across the country in both city…
These Aussies claimed thousands of dollars they didn’t know they were owed. Here’s how
When Bogden Hulewicz took out a mortgage in 1992, he had no idea the “protection insurance” he had been sold was useless.The 62-year-old paid $8000 in fees over the years for…
A $60 payment appeared in this Aussie mum’s bank account. Within hours, she’d lost $40,000
A NSW woman says she has been unable to sleep after being scammed out of more than $40,000 and left fighting against the odds to get it back.Thuy Le has two young children, aged…