MoneyBrilliant alternatives in Australia

MoneyBrilliant did this

Connected to Australian bank accounts and pulled in transactions automatically

In Wealthra

Wealthra connects through Australia's Consumer Data Right (CDR) framework via Basiq, covering 100+ Australian institutions. Access is read-only — Wealthra can see balances and transactions but cannot move money.

MoneyBrilliant did this

Categorised spending and tracked it against budgets

In Wealthra

Wealthra categorises transactions using a mix of user-defined rules, AI categorisation with confidence scoring, and a merchant dictionary. Budgets run weekly, fortnightly, monthly, quarterly, bi-annually or yearly.

MoneyBrilliant did this

Showed a net worth figure across accounts

In Wealthra

Wealthra takes a daily net worth snapshot and charts the history across any lookback period, including property, superannuation, vehicles and business ownership.

MoneyBrilliant did this

Tracked bills and upcoming payments

In Wealthra

Wealthra tracks recurring bills with due dates, matches bank transactions to known bills, and tracks BNPL instalment schedules across Afterpay, Zip, Klarna, Humm, Latitude Pay, Openpay, PayPal Pay in 4 and CommBank StepPay.

MoneyBrilliant did this

Grouped household finances

In Wealthra

Wealthra supports two-person households with per-feature sharing controls, and each account can be set to private, household-visible or hidden.

What you own, not just what you spend

A budgeting app stops at the transaction. Wealthra records assets in the same place.

• Shares and ETFs, Australian and international, with live pricing, full price history and interactive charts
• Dividends recorded with Australian franking percentages, plus stock splits, demergers and disposal records
• Property with type, ownership structure, land area and linked mortgages, so equity recalculates on its own. Valuations via Domain.com.au
• Superannuation imported by CSV, PDF or forwarded statement, and held separately from everyday cash flow so spending reports stay accurate
• Crypto synced directly from Coinbase, Swyftx and CoinSpot, valued in AUD through CoinGecko
• Vehicles, collectibles and business ownership recorded alongside the rest
• Unrealised gains recalculated nightly and posted as journal entries, so the balance sheet stays accurate

Connections that keep themselves current

The point of connecting an account is not having to think about it again.

• 100+ Australian institutions through CDR Open Banking via Basiq — read-only, so balances and transactions can be seen but money can never be moved
• Transactions enriched automatically with merchant name, ABN, logo, website, industry classification and location
• Consent tracked per institution, with the 12-month CDR expiry and renewal prompts built in
• Bills parsed from uploaded documents and emails, then matched against the bank transactions that pay them
• Broker settlement emails forwarded to a portfolio-specific address are parsed into trades automatically
• Share prices, crypto balances and property valuations refresh without being asked

Planning that runs past this month

The widest gap between a budgeting app and Wealthra sits here.

• Cash flow forecasts over 12 months, 5, 10 or 30 years, each with best, base and worst case
• A Sankey diagram tracing money from income, through accounts, out to categories
• Mortgage scenario analysis — model lump sums, extra repayments and rate changes against loan term and total interest
• Home Deposit Calculator with stamp duty, First Home Owner Grant, LMI tiers and first-home concessions for all eight states and territories
• Goals for savings, investment, debt payoff, mortgage, emergency fund and transfers, each with progress and an on-track indicator
• Scheduled transfers that reconcile themselves against real bank activity
• Project Budgets for one-off events — 11 preset types, with planned items linked to the actual transactions
• Retirement projections built from your own super and asset balances

Reporting with accounting underneath

Built by two accountants, and the structure shows.

• 13 reports, all print-ready — budget performance, cash flow statement, profit and loss, net worth statement, asset performance, category analysis, spending map, goal progress, mortgage amortisation, retirement planning and more
• A hierarchical chart of accounts up to 10 levels deep, with proper asset, liability, income and expense classification
• Transaction detail a budgeting app doesn't carry: splits across categories, unlimited tags, tax-relevance flags, discretionary versus essential marking, notes and file attachments
• Full data export and deletion

An assistant that knows your numbers

Wealthra's AI Coach reads your actual position rather than answering in general terms.

• Context across accounts, income, expenses, budgets, goals, assets, BNPL commitments and recent transactions
• Seven modes — general, debt strategy, tax preparation, goal coaching, budget review, investment check and scenario modelling
• Proactive insights: spending spikes, budget warnings, goal progress, bill reminders
• Upload financial documents for analysis; conversations are encrypted at rest
• Educational information only. Wealthra is not a registered financial planner or tax adviser and holds no AFSL. Users accept these terms before using the Coach

Household sharing and rewards

Two features MoneyBrilliant users often ask about.

• Per-feature household sharing — choose separately whether to share accounts, transactions, budgets, goals, net worth, investments or bills
• Each account set to private, household-visible or hidden, so coordinating doesn't mean full transparency on everything
• Flag a transaction for discussion with a comment thread against it
• Wealthra Coin earned for reconciling transactions, staying within budgets, hitting savings milestones, referrals and engagement streaks — redeemable as donations to partner charities

When did MoneyBrilliant close?

MoneyBrilliant closed on 16 December 2022. Users could no longer refresh accounts or connect new ones from 16 November 2022.

Can I still get my MoneyBrilliant data?

No. Data export was only available through the MoneyBrilliant desktop app before the 16 December 2022 closure date. Access ended with the service and the data cannot be retrieved now.

Why did Westpac close MoneyBrilliant?

Westpac said some of MoneyBrilliant's money management tools had become available within the Westpac app. Westpac had acquired MoneyBrilliant from AMP less than a year before announcing the closure.

Is Wealthra an Australian app?

Yes. Wealthra is built in Australia for Australian conditions — CDR Open Banking, superannuation, franking credits, stamp duty by state, Australian BNPL providers, and AUD-first pricing and date formats.

Does Wealthra have a free plan?

Yes. The Free plan covers manual accounts, budgets and net worth tracking at no cost. Paid plans start at $9.99/month and all include a 14-day trial with no credit card required.

Does Wealthra do more than budgeting?

Yes. Alongside budgeting and bank feeds it tracks investments, property, superannuation and crypto, forecasts cash flow out to 30 years, models mortgage repayment scenarios, and produces 13 print-ready reports built on a hierarchical chart of accounts.

Can Wealthra track investments and superannuation as well as spending?

Yes. Shares, ETFs, managed funds, crypto, property, superannuation, vehicles and business ownership are tracked alongside bank accounts, with live pricing on listed securities and dividends recorded with Australian franking percentages. Superannuation is held separately from everyday cash flow so spending reports stay accurate.