‘Don’t care’: More bank branches to close
The major banks are shuttering more bank branches across the country with calls for them to stop as they rake in “massive profits”.
Banking
Grim prediction for homeowners next week
The RBA board is in for another tough call on the cash rate in its May meeting, with upcoming inflation data to weigh heavily on the decision.
Banks slammed on $550m scam ‘disaster’
The big four have been heavily criticised for their “tight-fisted and mean approach” when people lose millions to scams, which they are also failing to prevent.
$3b lost: Big banks slammed as Aussies ripped off
Australia’s big four banks have come under fire for failing to stop customers losing hundreds of millions of dollars to scammers. See what else the scathing report revealed.
More Stories
Triguboff: banks need to start lending
The billionaire says the tight lending restrictions is a bigger issue facing the property market than the cutting or hiking of the official interest rate.
How the banks could pay Aussies back
The nation’s leading consumer law firm is taking matters into its own hands by threatening to make banks pay up, writes Joe Hildebrand in this exclusive.
Family’s $1.8m Westpac mortgage hell
Michelle and Ian Tate were on a single income when Westpac lent them more than $1.8m. Now they’re about to lose it all — and they’re suing the bank.
Bank victims to get second chance
Labor has revealed the cornerstone of its response to the banking royal commission — an “unprecedented” scheme to compensate customers.
UBS to pay billions for tax swindle
A French court has ordered Swiss bank UBS to pay a record $6 billion in fines for helping wealthy clients evade tax authorities, wrapping up one of the biggest-ever tax evasion trials.
New Labor bank crackdown revealed
Treasurer Josh Frydenberg has dismissed a Labor plan to grill bank chiefs twice a year on their progress implementing royal commission findings as the ‘latest attempt to appear tough’.
Bank boss gets golden handshake
He came under withering fire during the royal commission. Now NAB chief executive Andrew Thorburn is getting a golden handshake.
PM slams Labor’s ‘15 minute’ bank fix
Scott Morrison has criticised Labor’s push for him to make changes after the banking royal commission before the federal election.
Wheelchair-bound mum’s CBA loan bungle
A wheelchair-bound mother has been refused a bank loan after a bungle with her financial details that left her with black marks against her name that didn’t belong to her.
Billionaire’s embarrassing bitcoin backdown
A major bank will become the first of its kind to issue its own form of crypto, less than 18 months after its boss said the form of currency was “stupid”.
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