‘Profit over people’: NAB’s big regret
NAB bosses have acknowledged that its most vulnerable customers were left in the lurch as they faced angry shareholders over the bank’s failures.
Banking
Christmas gift Aussies could do without
Aussies are being slugged with an unwanted Christmas gift of higher home loan repayments, fresh figures show.
CommBank boss ‘unaware’ of $3 fee
The boss of Australia’s largest bank says he was unaware of the controversial $3 service fee being applied to one account before it was announced.
‘Team player’: Major bank’s CFO retires
Westpac has announced its chief financial officer is leaving the company just months after its chief executive announced his retirement.
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Scammers warning after major bank outage
Customers at a major Australian bank have been warned to ignore scammers trying to take advantage of a near day-long outage.
How is Woolies going to win back trust?
The new boss talks about getting the balance right with customers but deeper trust issues are already hurting the supermarket major.
Major bank’s new move on rates
A big four bank will reduce interest rates by up to 0.25 per cent, but you’ll need to meet this strict criteria.
Why Qantas has to tackle ghosts of past to move forward
Qantas is soaring while conditions are good but when the cycle inevitably turns negative, this will test the airline’s commitment to changing its ways.
CBA staff sent brutal return-to-office email
Commonwealth Bank staff have been issued a brutal warning from their employer, with the company threatening their pay over its return-to-office push.
Surprise surge in Aussie cash use
Amid rampant bank branch and ATM closures, new figures have revealed a surprising turn in the use of cash across Australia.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
‘Mixed bag’: ASX trades sideways
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
Bank staff ‘break in’ to help customers
As customers of banks were left high and dry in Broken Hill’s blackout, staff of the locally-owned bank went to extremes to help customers.
Why Bank of America’s boss thinks the inflation fight has been won
Bryan Moynihan says in an interview says the US economy can absorb two more modest interest rate cuts this year, but has a warning about debt.
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