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Important update: Phasing out of cheques in Australia

The Australian Government has announced that the national cheque system will be fully phased out. Read more to understand how this may affect you.

RBA interest rate increase, May 2026

On 5 May 2026, the Reserve Bank of Australia announced an increase to the official cash rate from 4.10% to 4.35% - an increase of 0.25%.

A trip down memory lane with Mark Elder

Mark Elder joined BankVic in 2005, when it was known as Police Credit. He was drawn to the bank's roots, which were front of mind for everyone who walked through the doors. Twenty-one years on, as Head of Risk Operations, he's seen the organisation grow, evolve, and recommit to what made it distinct in the first place. He takes us through his journey with BankVic.