UNCOVERED: 22 - The Untold Story

Banks continue to drag their feet lifting savings account rates

Banks defy political pressure by not passing on higher interest rates to all savers even as they hit mortgage holders with rapid-fire hikes

The New Daily · Mar 10, 2023

Some savers still being left behind as cash rate lifts

Banks are still picking and choosing which deposit accounts to lift rates on despite pressure from the consumer watchdog to pass higher rates on to savers.

AAP · Mar 10, 2023

Which banks have passed on the March RBA rate rise to mortgage borrowers? NAB kicks it off, as Westpac follows

We're in double-digit territory after the Reserve Bank of Australia (RBA) lifted interest rates for the 10th time since last April. Find out which major banks have responded to the RBA's March decision.

ABC News · Mar 9, 2023

‘Doing it tough’: Financial pain at three-year high as cost of living, mortgage rates squeeze families

As many as four in ten Australians are now suffering financial hardship as the cost of living crisis combine with big interest rate hikes.

The New Daily · Mar 3, 2023

Australian superannuation funds are top performers globally

Australian superannuation funds stand out globally as top performers and are diversifying their investments to provide more stability

The New Daily · Mar 3, 2023

NAB bank head backs in Labor superannuation plan

Labor has received support for its superannuation plan from an interesting quarter - the chief executive of NAB.

AAP · Mar 2, 2023

Financial hardship returns to early pandemic levels

Around 40 per cent of Australians are struggling to make ends meet as the cost of living crisis stretches household budgets to their limit.

AAP · Mar 2, 2023

Bank closures hurt communities, Westpac admits to probe

Westpac and NAB executives are facing the regional banking inquiry, which is examining the impact of branch closures in country towns.

The New Daily · Mar 2, 2023

A third of the nation's bank branches have shut in the past five years — for people in the country, that's a huge problem

Despite soaring profits for Australia's big four banks, that number in the billions, almost one-in-three of their branches have closed in the past five years and now a parliamentary committee is examining the impact of those closures, especially on regional centres.

ABC News · Mar 1, 2023

Cost of cash worth every penny in bush, bank probe told

Cash and face-to-face transactions are central to the social fabric in rural communities, a Senate inquiry examining regional bank closures has been told.

AAP · Mar 1, 2023