Business
Banking & finance
ANZ sanctioned for charging fees to accounts of dead customers
Despite first identifying the issue in early 2022, ANZ took nearly two years to start its customer remediation program, the banking regulator said.
- by Millie Muroi
Latest
Updated
Mergers & acquisitions
Treasurer gives the tick to $4.9b ANZ-Suncorp deal
The transaction is the biggest banking deal in Australia since Westpac bought St George in 2008.
- by Clancy Yeates
Thousands of businesses to gain protections under revamped banking code
More small businesses will have access to protections including simplified loan documentation and limits on enforcement action under an updated banking rule book.
- by Millie Muroi
Cash crisis averted as banks, retailers throw Armaguard $50m lifeline
Armaguard, owned by Linfox, will receive funding from its biggest customers, in a move aimed at securing supplies for at least the next year.
- by Clancy Yeates
Opinion
Regulation
The multitrillion-dollar threat that could spark another financial crisis
A fast-growing part of the financial system is setting off alarm bells.
- by Stephen Bartholomeusz
Guzman y Gomez ASX pop won’t stop super funds from looking offshore
Australia’s $3.5 trillion superannuation industry is continuing to invest in offshore assets amid a shortage in the supply of shares available locally.
- by Millie Muroi
Opinion
Cryptocurrencies
Bitcoin’s big moment on the Australian sharemarket proves one thing
Investors can now punt on bitcoin via the ASX in a milestone for Australian investors. It answers a key question.
- by Clancy Yeates
CBA targets rivals as chase for business banking crown heats up
While NAB is the big fish in business banking, Vacy-Lyle says CBA is also keen to cut Macquarie down to size, by sharpening its focus on the real estate market.
- by Millie Muroi
Exclusive
Gas
Major financial institutions cut ties with Santos’ Barossa gas project
An international bank and a foreign investor are ending advice and loans, prompting calls for local banks to follow suit.
- by Sumeyya Ilanbey
NAB shareholder takes bank to court in a bid to secure confidential papers
Diana Beere is fighting the bank in court to ensure it is true to its word on investing in coal mining before she passes her shares on to her descendants.
- by Millie Muroi
Opinion
Payments
The way you pay is costing you big time. Here’s how to play your cards right
Sneaky transaction fees – with a nearly $1 billion price tag in Australia last year – are burning a hole in our wallets. Here’s how we fight them.
- by Millie Muroi
Original URL: https://www.brisbanetimes.com.au/business/banking-and-finance