New Apple product declares war on banks
Apple has fired another major shot on the finance world, launching a game-changing new product that could disrupt the banking system.
Banking
Big bank boss’s urgent letter to customers
NAB customers will find an update from the bank’s CEO in their inbox, as he warns of “a growing problem in Australia”.
‘Fat cats’: Major bank cuts Aussie jobs
Commonwealth Bank has been slammed over announced Australian job cuts, accusing senior “fat cats” of having no concerns over the decision.
Family lost $200k after phone call
The Sydney family are “devastated” by the disappearance of their life savings and can’t afford groceries and even face having to sell their home.
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AMP profit plunges 97 per cent
Beleaguered wealth manager AMP’s profit has plummeted 97 per cent to just $28 million after taking a beating at the banking royal commission.
Brace for home-loan rate hikes
Home loan customers should prepare themselves for more interest rate increases in 2019. Here are the lenders who have already lifted variable rates this year.
Banks face whopping new punishments
Banks still dealing with the fallout from the royal commission are now facing the prospect of massively increased penalties for wrongdoing.
Mortgage brokers’ ‘Grim Reaper’ blitz
Mortgage brokers have launched a multimillion-dollar advertising blitz, reminiscent of the 1980s “Grim Reaper” AIDS commercial.
Call for immediate banking law changes
The government is being pushed to take “extra time” to push through law changes recommended in the banking royal commission.
Man swipes $1.4m using bank ‘flaw’
Qin Qisheng took advantage of an ATM glitch to fleece hundreds of thousands of dollars. But last year, his scam came to an abrupt end.
Smart new tool to challenge brokers
A digital bank is beefing up its home loan assistance, but is the technology capable of shouldering the broking industry with the looming sweeping ban on commissions?
Home buyers ‘to pay extra $5000’
Mortgage brokers say first homebuyers could be forced to pay thousands of dollars in upfront fees, but critics have slammed the “scare campaign”.
Exact salary you need to buy a house
Real estate prices in Australia may be coming down but you still might not be earning enough to get onto the property ladder.
Mortgages are about to cost you more
The biggest change from the royal commission could see a ‘festival of fees’ and higher interest rates.
Original URL: https://www.adelaidenow.com.au/business/companies/banking/page/194