Australia Post boss denies plans to become a ‘Commonwealth-owned bank’ to stem its losses Cashflow Julian Bajkowski 26 May 2023 A number of community advocates have been pushing for Australia Post to enter the retail banking market as a full-fledged institution.
Is your bank paying you the correct interest rate on savings? Data says no Economy The Conversation 22 February 2023 If you’ve got money in the bank, you’re now lucky to earn anything at all. One in seven of the deposit dollars held by the Commonwealth bank (Australia’s biggest for deposits) is in a “transaction account” on which it no longer pays interest.
