Before anything else: we build one of the apps on this list. You should know that before you read a word of it.
So here is how we are going to handle it. We will tell you when another app is the better choice for you, because for a lot of people it is. We will name the ones that beat us at what they do. And we will be specific about the one job we think nobody is doing properly, which is the reason Funance exists at all.
Prices below were checked in July 2026. They change. Check before you sign up.
Most of these lists are wrong in one of two ways
The first way is that they are American lists with the spelling changed. You can spot them instantly. They talk about connecting your accounts through Plaid, which covers something like 12,000 institutions across the US and Europe and precisely zero Australian banks. In Australia the automatic apps connect through the Consumer Data Right, the regulated Open Banking framework, which shares your data through approved APIs instead of handing over your internet banking password. Those are very different things and a list that does not know the difference has not tested anything.
The second way is that they are simply out of date. We found a comparison published in May 2026 that still describes Pocketbook in the present tense. Pocketbook closed on 5 August 2022. Zip owned it, Zip shut it, and roughly 800,000 Australians had to find something else. If a list is still recommending an app that has been dead for four years, treat the rest of it accordingly.
There are two different jobs here, and almost every app only does one
Job one is tracking. What did I spend, where did it go, am I over budget. This is a backward-looking job and it is the job nearly every app on this list does.
Job two is planning. Should I salary sacrifice into super or pay down the mortgage. What will HECS indexation do to my balance. If we buy in Brunswick instead of Bentleigh, what does that do to the stamp duty and the deposit. Should I sell the investment property this financial year or next.
Job one tells you what you already half knew. Job two is the one that actually changes the number at the bottom. Very few apps attempt it, and the ones that do usually mean forecasting rather than decisions.
Work out which job you want done before you pick anything. It matters more than the feature lists.
The trackers
Frollo
Australian, free, and genuinely free. No premium tier, no upsell to a paid plan later. It connects to more than 100 Australian banks and lenders through CDR Open Banking, categorises your spending, and tracks budgets, goals, bills and net worth.
The standout feature is the Financial Passport, a downloadable summary of your income, spending, assets and liabilities over the last twelve months. If you are about to talk to a mortgage broker, that document saves you a genuinely annoying afternoon.
Frollo also runs open banking infrastructure for other businesses, which is how a free consumer app pays for itself. Worth knowing, but it is not the same as selling your data.
If you want automatic tracking and you do not want to pay, this is the answer. We are not going to pretend otherwise.
WeMoney
Free tier, with a Pro plan at $9.99 a month. Connects to your accounts, tracks spending, and includes a free Equifax credit score, which is the thing most people actually open it for.
It is the closest Australian equivalent to what Mint used to be in the US: free, broad, and monetised around the edges through credit product referrals. If a free credit score is worth something to you, it is the better free pick over Frollo. If it is not, Frollo is cleaner.
Up
Up is a bank, not an app you bolt onto a bank. The budgeting is built into the account: Savers for splitting money into buckets, Pay Day for handling your pay cycle, and 2Up for couples who want shared visibility.
The catch is obvious. You have to bank with Up. If you are willing to move, the experience of having the budgeting inside the account rather than syncing to it is better than any bolt-on can manage. If you are not moving banks, skip it.
For couples specifically, 2Up is the most thought-through thing any Australian bank has shipped.
PocketSmith
The power tool. Free tier is manual entry only, paid plans start at $14.95 a month and connect to over 12,000 institutions worldwide.
What you are paying for is forecasting. PocketSmith will project your cashflow up to thirty years ahead, handles multiple currencies, does calendar-based budgeting, and lets you build custom dashboards. It has been going since 2008, it is self-funded, and it is the app people graduate to when a simple tracker stops being enough.
Two honest caveats. It is primarily a web product, with a companion mobile app rather than a full one, so if you want to do everything from your phone it will frustrate you. And it was built in New Zealand for a global audience, which means it handles Australian accounts well but knows nothing about Australian tax rules.
If you want long-range forecasting and you will pay for it, this is the best option in the market.
YNAB and Goodbudget
Both are envelope systems. You assign every dollar a job before you spend it, and if you want to spend more on one thing you have to take it from something else. It is a discipline method more than a tracking method.
YNAB is about $23 a month, billed in US dollars. Goodbudget has a free tier and a paid plan at US$10 a month.
Neither is built for Australia and neither pretends to be. If overspending is your actual problem rather than not knowing where the money goes, the method works and the method is the point. If your finances are more complicated than discipline, they will feel restrictive.
The ASIC MoneySmart Budget Planner
Free, government-funded, no ads, no upsell, no app. It is a web calculator on moneysmart.gov.au and it is better than most people expect.
If you want a budget and you do not want another subscription or another login, start here. It costs nothing and nobody is trying to sell you a credit card at the end of it.
Your bank's own app
CommBank, ANZ Plus, NAB, Westpac and ING all have spending breakdowns built in now. They only see the accounts you hold with that bank, which is the limitation, but if your money mostly lives in one place it might be all you need.
Try this before you install anything.
How they compare
| App | Cost | Bank feeds | Best for |
|---|---|---|---|
| Frollo | Free | CDR Open Banking | Free automatic tracking |
| WeMoney | Free, Pro $9.99/mo | Yes | Tracking plus a credit score |
| Up | Free with account | Built in | Couples, if you will switch banks |
| PocketSmith | Free, paid from $14.95/mo | Yes, 12,000+ institutions | Long-range forecasting |
| YNAB | ~$23/mo | Limited in Australia | Envelope discipline |
| Goodbudget | Free, US$10/mo | Manual | Envelope discipline, cheaply |
| MoneySmart | Free | No | A budget without a subscription |
| Funance | Free, Pro $9.90/mo | No, by design | Australian tax and planning decisions |
Where Funance fits, and where it does not
We do not do bank feeds. Not as a roadmap item, not coming soon. You enter your numbers.
That is a real cost and we are not going to talk around it. It means more work up front, and it means Funance will never tell you that you spent $61 at a bottle shop on Tuesday. If automatic transaction tracking is what you want, close this tab and go and get Frollo. It is free and it is good.
What we built instead is the second job. The Australian rules, modelled properly:
- 2025-26 ATO brackets with the Low Income Tax Offset phasing out correctly, the Medicare levy including the phase-in band, and per-partner calculations for couples rather than one household number
- HECS indexation and repayment thresholds, so you can see what indexation actually does to your balance rather than reading a news article about it
- Stamp duty by state with first home buyer concessions, because the answer in Victoria is not the answer in Queensland
- A capital gains tax exit estimator for investment property, including the cost base detail that changes the number
- ABS capital city price data, so your growth assumptions are checked against something published rather than something hopeful
- Nineteen Australian credit cards costed out, so you can see whether your annual fee actually pays for itself
And because it was built by a household rather than for a demographic, expenses can be split between two people at whatever ratio you have actually agreed, incomes are tracked separately, and goals can be shared. Most apps treat a couple as one person with a bigger salary. That is not what a couple is.
Free tier gives you the Overview, Budget and Debts tabs and the tax estimator, runs entirely in your browser, and does not ask for a card. Pro is $9.90 a month or $79 a year.
Pick by what you actually want
- Free automatic tracking: Frollo
- The same, plus a credit score: WeMoney
- You will move banks for a better experience: Up
- Thirty-year cashflow forecasting: PocketSmith
- Overspending is the actual problem: YNAB or Goodbudget
- A budget with no subscription and no login: MoneySmart
- You want to know what to do about tax, HECS, a mortgage or an investment property: Funance
- Your money is all at one bank and you are not fussed: your bank's app, honestly
The thing worth saying at the end
Most people reading a list like this do not have a tracking problem. They have a fairly good idea of where the money goes. What they do not know is whether to put the next thousand dollars into the offset, the super fund or the credit card, and no amount of pie charts about grocery spending answers that.
If that is you, pick the app that answers the question you actually have. It might not be ours. But it probably is not the one with the nicest spending donut either.
Prices and features checked July 2026. Funance provides general information and planning tools only. It does not take into account your objectives, financial situation or needs, and it is not financial product advice.