Inside new Westpac CEO’s plan to rebuild the bank
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Banking
Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
RBA’s major Trump call after tariff spree
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
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Can Nine really change its shocking ways?
There is little confidence the same board that fundamentally allowed an appalling corporate culture and poor leadership to thrive, can also fix it.
WiseTech’s board confronts tough choices with White
The billionaire founder of WiseTech Global, Richard White, has the backing of his board but there are active discussions about the chief executive taking leave from the tech major.
ASX continues record breaking week
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
Grim news for Aussies who want cash
It is getting harder and harder to use cash in Australia, as the latest data paints a tough picture for cash users and the older population.
ASX falls from record high
Australia’s sharemarket has temporarily fallen from its record high on Tuesday, as tech stocks offset strong gains by banks and miners.
How Blackstone became an ‘AirTrunk believer’
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
Major bank’s move in rate hike crisis
Customers are feeling the pinch from the cost of living crisis, with Australia’s largest bank revealing the huge number of people struggling to pay their mortgages.
Oil, debt and China: A trifecta of threats to global recovery
For Citi’s New York-based global economist, Nathan Sheets, the difference between a recovery and global recession are finely balanced.
Inflation outlook ‘well anchored’: RBA
A top Reserve Bank official gives a strong indication the central bank could be preparing the way for an interest rate cut.
‘Not fixed’: Customers lash major bank outage
Customers have claimed outages remain despite banks announcing services had been ‘restored’.
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