Business
Banking & finance
$10.4 billion test looms for ‘safe haven’ Australian banks
The big four banks have gained a reputation as a relatively safe investment in volatile times. This idea faces a litmus test this week.
- by Clancy Yeates
Latest
‘Don’t know, don’t care’ culture fails to shift at super funds
Customers are still “banging [their] heads up against a brick wall” when it comes to processing death and disability claims.
- by Sumeyya Ilanbey
Bank boss tips ‘at least two’ rate cuts this year
As market turmoil threatens to hit economic growth, the Reserve Bank can support the economy through rate cuts, says Bank of Queensland.
- by Clancy Yeates
Real-life ‘White Lotus’ billionaires race to capitalise on show
Two local ultra-rich tycoons are happy to attach their companies’ brands to the confronting plot that exposes the dark side of most characters.
- by Filipe Pacheco, Patpicha Tanakasempipat and Danny Lee
$4.2t superannuation sector in crosshairs after cyberattacks
The financial regulator has stepped up scrutiny of the superannuation industry after a co-ordinated attack on some of the country’s largest funds exposed serious cybersecurity weaknesses.
- by Sumeyya Ilanbey
Trump family’s cash registers ring as financial meltdown plays out
The party was on at a Saudi-backed LIV Golf tournament at the president’s Doral resort in Florida and a fundraiser at Mar-a-Lago, even as markets tumbled.
- by Eric Lipton, Theodore Schleifer and Zolan Kanno-Youngs
Are banks too cautious? Dutton reignites ‘credit for the rich’ debate
The Coalition’s mortgage plan would have real effects on how much you can borrow from a bank, and for the housing market.
- by Clancy Yeates
Updated
Superannuation
Money lost, accounts accessed: Super funds attacked using stolen passwords
Major industry super funds and the largest retail superannuation brand owner, Insignia, have been compromised by hackers who have stolen about $500,000.
- by Sarah Danckert and Sumeyya Ilanbey
Updated
Big four
ANZ blasted for years-long governance failures, slapped with $1 billion capital charge
ANZ has been forced to do a widespread review into its entire organisation after the financial regulator flagged issues stemming from the bonds trading scandal “may be present in other parts of the bank”.
- by Sumeyya Ilanbey
Analysis
Superannuation
Why your super is at the mercy of Trump
A growing share of superannuation assets are scattered around the world, particularly in the US. This means Trump-induced volatility affects us all.
- by Clancy Yeates
Is this stopping you from buying an electric vehicle?
Australians aren’t buying enough electric vehicles – and there are a couple of reasons for that.
- by Sumeyya Ilanbey
Original URL: https://www.brisbanetimes.com.au/business/banking-and-finance