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May 18, 2018

Open Banking is coming to a bank near you

As the dust settles on this year’s Federal Budget announcement, it’s clear that the headliners were income tax cuts and billion-dollar infrastructure allocations. It certainly wasn’t ‘Open Banking’ or ‘Consumer Data Right’, yet, both featured in the Treasurer, Scott Morrison’s Budget speech, and both will have a significant impact on all Australians. In his speech,…
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May 11, 2018

WEATHER EVENT TASMANIA

There has been flash flooding overnight in Hobart with cars swept away, trees uprooted and more than 10,000 homes have been left without power. The SES have established evacuation centres for those that cannot remain in their homes from storm damage. Centres have been set up at Mathers House, 180 Bathurst Street (next to the state library) and in Kingston at 99 Beach…
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April 20, 2018

Not all banks and brokers are created equal

Banks have long suffered from a bad reputation. With major financial events like the global financial crisis a not too distant memory, it’s easy to understand why. Historical banking failures aside, there are other less catastrophic, but just as damaging reasons why banks continue to lose the trust of their communities. Fast forward to now. We’re in the middle…
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March 15, 2018

Bank of us home loan rates benefit all Tasmanians.

As Tasmanian’s only customer owned bank, Bank of us doesn’t answer to shareholders and profits are reinvested to benefit customers and the wider community said CEO Paul Ranson. “That means we can offer better products, services and more competitive rates.” “We understand that it can be hard for buyers to get a foot in the market, so we tailored our FlexiDiscount…
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February 13, 2018

Bank of us all set for
New Payments Platform

Bank of us customers are among the first to benefit from the New Payments Platform (NPP). The launch of the New Payments Platform – the advanced payments infrastructure that has been built by the Australian banking industry that enables cash to be transferred between accounts at different financial institutions instantly – is a remarkable milestone in Australia’s payment…
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