Looming mortgage cliff for homeowners
Some homeowners face a 63 per cent increase in their monthly mortgage repayments as they are hit with much higher rates.
Banking
‘Slip-ups’: Fresh warning for Aussie savers
Interest rates on savings accounts are heading for record highs, but there’s usually a catch that Aussies should be aware of.
$560,000 sent to wrong bank account
An Aussie boss accidentally sent more than half a million dollars to the wrong bank account, but the owner hasn’t been found.
CBA staff threaten to quit over WFH mandate
Hundreds of CommBank employees have written to complain about being ordered back into the office, with some threatening to quit.
More Stories
Westpac’s $280K ‘fraud’ on frail couple
A Melbourne couple fear they will be left homeless by Westpac after discovering their mortgage was based on a “fraud”.
Bank’s $19b buy is biggest since GFC
The US sharemarket has slipped as China announced an interest-rate cut amid the coronavirus crisis and Morgan Stanley spent $19 billion on the biggest banking takeover since the financial crisis.
AMP boss’ pay rise despite $2.5b loss
The chief executive at the notorious wealth manager could pocket a bonus of up to $1.8 million as it reports an eye-watering net loss.
Drought and fires cost CBA millions
The country’s biggest bank has put aside a huge sum of cash to cover the coronavirus and natural disasters but this will likely grow.
Named and shamed: Banks still charging absurd fees
From $20 fees to get something confirmed in writing to a 5 per cent “coin handling” cost – these are the insane bank charges that are raking in more than $4 billion a year.
Westpac’s $1000-a-month rip-off
Deborah Carter was ripped off by Westpac to the tune of $1K a month. Now it looks like the bank may get away with “blue murder”.
Big challenge coming to Aussie banks
The new entrants to the banking industry not only offer Australians the best way to save money but are also entirely digital.
Celebrity guru’s crushing downfall
HIS company says it’s “100 per cent focused on you” and clients’ “trust”. But everything has just come crashing down for this celebrity financial adviser.
How to wipe credit card debt in 2020
Hefty credit card debts might seem impossible to conquer, but there are some simple strategies you can use to beat them.
CommBank backs Afterpay rival
Get ready for a new battle for your buy-now-pay-later business: a cashed-up bank with investors including Snoop Dogg and CommBank is taking on Afterpay.
Original URL: https://www.adelaidenow.com.au/business/companies/banking/page/179