Major bank hit by outage on Christmas Eve
A major bank has restored services after an outage left customers unable to access their accounts on one of the busiest shopping days of the year.
Banking
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Aussies set to rack up insane credit card debt
Cost of living pressures are causing Aussies to turn to credit this festive season, which experts predict could take years to pay back.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
More Stories
‘Do no more harm’: CEOs make their election pitch
The notion of an Elon Musk-style regulation buster with authority to drive changes would be welcome relief here.
First home buyers cop it over APRA’s crisis-era footing
It’s a big call by the bank regulator to use its boom time instrument to keep highly-restrictive settings on housing lending where no crisis exists.
Healthscope overplays its hand in act of self-destruction
Australians are sick of having their health being used as a bargaining chip as hospitals and insurers face losing it all.
WiseTech tries to move on from Richard White
In comparison to MinRes, the WiseTech board has managed to engineer the transition of a dominant CEO into a new consulting role. But investors are still feeling the shock.
How big 4 banks are foiling scammers
Major Aussie banks are teaming up to try to stop scammers before transactions have even left a victim’s account.
Chalmers the stock picker makes a bad call
The Future Fund has thrived by having the independence to make its own financial calls. The Treasurer wants to trash this with his own risky bets.
Customers left fuming over bank’s move
Residents in Greater Western Sydney have hit out at big banks for shutting branches without consultation, which an MP argued was “destroying the local business community”.
How Trump’s tariffs will change the path of interest rates
Much of the global tariff fight is set to take place between China and the US, but it has major implications for Australia.
NAB faces legal action over 345 customers
National Australia Bank is facing federal court for allegedly failing 345 customers at their most vulnerable when they applied for hardship support.
1.9 million Aussies can’t pay their bills
Almost two million Australians have fallen behind on their everyday payments and are now being chased by debt collectors.
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