Aussie bank makes astonishing rates call
One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.
Banking
ASX falls for third straight day
The ASX 200 fell by 0.8 per cent during Wednesday’s trading, as investors think through the implications of the second Trump presidency on Australia.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
The ‘big switch’ driving CBA’s mega milestone
There are big forces helping Commonwealth Bank to defy gravity and quietly move up the pecking order to be the 11th biggest bank in the world.
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Bank boss’s warning in cost-of-living crunch
More Westpac mortgage holders are falling behind on their payments while the bank posts a flat $1.8bn profit for the latest quarter.
‘Malicious’: Fake online scam sites pulled
A staggering number of dodgy investment and crypto sites are being pulled offline in a crackdown by Australia’s corporate watchdog.
Casino regulator buries Bell probe into Star as doubts raised
Documents submitted to the Bell inquiry raise new questions over just how committed the NSW casino regulator had been in its part around Star’s reform efforts.
One group keeping cash alive in Australia
A new report has made surprising findings about the use of cash and the number of businesses accepting cash in Australia.
‘Blacklisting’: Big bank’s major change
One of Australia’s biggest banks has revealed a big change in how it handles fossil fuel companies in a bid to tackle climate change.
Bonuses back as ASX acts like nothing has happened
ASX’s chairman got $550,000, its now CEO got $3.8m and others such as the chief risk and finance officers were paid as though the unfolding train wreck is nothing more than a technical glitch.
Big bank’s great news for homeowners
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
Dark warning in CBA’s 9 billion profit reveal
Commonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
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