Innovation Excellence Awards

The 2025 Innovation Excellence Awards

Submissions for the 2025 Innovation Excellence Awards are now closed.

About the Innovation Excellence Awards

We invite financial institutions in Australia and New Zealand to submit their product or service innovations, launched within the past 12 months, for consideration in the Canstar Innovation Excellence Awards.

The judging panel will assess Innovation Excellence Awards submissions according to a sophisticated ratings methodology that’s unique to Canstar.

The Innovation Excellence Awards winners represent a select group of institutions in the financial services industry with products or services that have been reviewed, assessed and deemed to be innovative according to this methodology.

We receive innovations from a range of categories across financial services

Consumer lending

Everyday banking

General insurance

Home loans

Life insurance

Superannuation

Wealth and investing

Payment solutions

Digital solutions

Customer experience

Business banking

Social initiatives

Security or consumer protection

FinTech & PropTech

Frequently asked questions

How to impress the judges of the Innovation Excellence Awards?

Our judges are looking for innovations that demonstrate the following:

The impact the innovation will have on improving or affecting a consumer’s day-to-day life
How the innovation stands out from products already available in the market
What gives the innovation ‘WOW’ factor?
Is the innovation accessible, easy to understand and/or affordable?