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Young Australians are turning back to credit cards, but they’re not always a good idea.

Beware the hidden landmines in our credit card fees

Penalty interest rates are often wildly out of step with the Reserve Bank’s steadily falling cash rate.

  • Noel Whittaker

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Westpac’s Anthony Miller said there appeared to be more evidence for cutting interest rates.

Westpac boss sees case for rate cuts after fall in inflation

The boss of Australia’s second-biggest retail bank says the number of people falling behind on loans is improving, and the lender expects rate cuts.

  • Clancy Yeates
NAB chief executive Andrew Irvine at the Australian Banking Association conference on Wednesday.

Nowhere to hide for NAB boss after drinking accusations

Banking circles have been awash with personal views and informal “wine” audits by shareholders and analysts after the accusations levelled at Andrew Irvine.

  • Elizabeth Knight
Andrew Irvine

NAB boss hasn’t engaged with board after ‘difficult’ week

NAB boss Andrew Irvine has made his first public comments since it was reported that investors had raised concerns about his management style and drinking at customer events.

  • Clancy Yeates
NAB chief executive Andrew Irvine.

Under-fire NAB boss set to return to public eye amid turmoil

NAB boss Andrew Irvine will make a return next week at the banking industry’s annual conference, but he will be a no-show at its gala dinner.

  • Colin Kruger
Airline loyalty card schemes, which on sell data to brokers, are being investigated as part of a review of data broker practices.

Warning to Australians who use credit cards to earn airline points

The generosity of rewards schemes could be scaled back if a proposal to ban surcharges for card transactions goes ahead.

  • Elias Visontay
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National Australia Bank chief executive Andrew Irvine faces an indelicate criticism.

NAB runs into a governance bin fire with a boozy accelerant

Shareholders airing their grievances about executive behaviour is pretty unusual. And for institutional investors to draw attention to a chief executive’s drinking as a red flag is even rarer.

  • Elizabeth Knight
Bank shares are known for their dividends, but some analysts say these payments are unsustainable.

‘Snowball effect’: RBA’s card surcharge ban risks higher prices and job cuts

Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.

  • Elias Visontay, Jessica Yun and Shane Wright
Governor Michele Bullock is expected by all of the nation’s biggest banks to announce an interest rate cut next week.

Big four banks unite in forecast for rate cut in help for ‘scarred’ households

All of the nation’s biggest banks believe official interest rates will be cut when the Reserve Bank meets next week.

  • Shane Wright
Australians lose more than $1 billion in investment scams per year.

CommBank unleashes ‘bot army’ with Aussie accents to trap scammers

Thousands of bots will receive calls from fraudsters, with computer-generated voices mimicking Australian accents and speech patterns wasting scammers’ time.

  • Elias Visontay

Original URL: https://www.brisbanetimes.com.au/topic/big-four-banks-5ux