News - AMP

10 February 2025

New bank designed and built for Australia’s under-served small and micro businesses, solopreneurs, side hustlers, and everyday banking customers
Delivers Australia’s first numberless debit cards and other market leading security features and technology

AMP announces the launch of its new bank, giving small business owners and everyday customers access to a new mobile-first banking experience, powered by the very latest banking and security technology.

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Fresh news from AMP

AMP statement regarding employee contracts - AMP

AMP is updating its employment contracts to reflect contemporary legal and industry standards, with no impact to employee roles, pay, leave and other benefits, such as our flexible working arrangements.

North unveils innovative AI FileNote assistant for advisers

North is paving the way for the next generation of client reviews after launching its file note assistant for advisers, powered by artificial intelligence (AI).

3 in 5 Aussie small business owners sacrificing personal time to get on top of financial admin

New research from AMP Bank reveals just how much Australia’s 2.4 million ‘small’ small business owners – our solopreneurs, side hustlers and those with less than four employees – struggle to keep up with their financial admin.

Lifting financial security and income in retirement

Higher levels of retirement income can be accessed through a market-linked lifetime income stream, with the latest data from North revealing a significant uptick in both member incomes and drawdown rates.

AMP Bank announces variable home loan interest rate reductions

Following the RBA’s decision to decrease the official cash rate by 0.25%, AMP Bank is reducing interest rates across all variable rate home loans by 0.25% per annum (pa) effective 3 March 2025 for customers.

AMP announces FY 24 results - AMP

AMP Chief Executive Alexis George said: “2024 was another year of strategic delivery for AMP as we build positive performance momentum and focus firmly on growth."

AMP Limited has today published its Annual Reporting suite

The suite of documents includes AMP’s Annual report, which incorporates the Directors’ report and Financial statements, as well as its Sustainability report, Modern Slavery statement and Corporate Governance statement.

AMP’s new digital bank opens for (small) business and everyday banking customers

AMP announces the launch of its new bank, giving small business owners and everyday customers access to a new mobile-first banking experience, powered by the very latest banking and security technology.

AMP launches digital advice solution with market-first capability

AMP has announced the launch of a new digital advice solution, providing AMP Super members with simple, intuitive and secure retirement advice, with no extra fees.

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