An ANZ Banking Group
(ASX:ANZ) report has shown more Aussies are turning to digital platforms to manage their money.
The bank’s survey found almost three quarters of people now bank online and mobile and tablet use has almost quadrupled in three years.
CEO Mike Smith says the survey was commission to understand the groups most at risk and products or behaviours that may be causing problems or need attention.
Mr Smith has also welcomed the Federal Government’s commitment of $29.4 million in funding over five years to the bank’s financial literacy program Saver Plus.
ANZ Banking Group reported a net profit of $3.51 billion in the first half of the 2015 financial year.