Lowe ‘impotent’ in inflation crisis
The Reserve Bank is now “impotent” and more rate hikes, as foreshadowed in Tuesday’s decision, will do nothing to further tame inflation, an economist says.
Banking
Protests erupt against RBA governor
A group of protesters have gathered outside the Reserve Bank as Philip Lowe hands down his latest decision on interest rates.
Banks respond to surprise RBA decision
Bucking economists’ predictions, the RBA has kept the official cash rate on hold. Here’s how the banks have reacted.
Influencers to claim big this tax time
Australians with a side hustle can make the most out of their upcoming tax returns by following these simple tips.
More Stories
Aussie home loans assessed in China, India
Three of the nation’s big four banks are being urged to “come clean” about sharing customers’ personal and financial details overseas without their knowledge.
Aussie bank customers warned of new scam
The financial institution at the centre of a giant data breach remains in hot water, as Australians are being urged to remain on high alert. FIND OUT IF YOU ARE AFFECTED
Don’t pay more than $40 for phone plan
Money experts explain why you should pay less than half what you’re currently paying for your phone. They also reveal other great deals.
Warning as bank customers hacked
Tens of thousands of customers’ personal banking details are at risk after scammers broke into a new payment database.
NAB faces $500m fine after dodgy loan allegations
The corporate watchdog has launched a $500 million Federal Court lawsuit against NAB, claiming a $24 billion loan program by the banking giant was rife with fraud.
NAB facing $500 million in fines
ASIC is suing NAB over a home loan program, in the first court action stemming from referrals from the banking royal commission.
Two words from judge spark fury
A federal court handed a sensational victory to Westpac in a landmark decision — but it was these two words from the judge that sparked fury.
‘Laughable’ banking plan slammed
Massive changes are supposedly coming for Australia’s banks within a few months — but critics say it’s a case of too little, too late.
Westpac’s $1.8 million stuff-up
Tens of thousands of Westpac customers are about to get a refund after the bank admitted to overcharging fees due to an “error”.
Hacker caught by stupid mistake
The software engineer allegedly behind one of the largest bank data breaches in history made a stupid mistake leading to her arrest.
Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/193