‘Callous’: Westpac cuts 300 jobs
One of Australia’s biggest banks has slashed hundreds of jobs “to reduce costs” in a move described as “callous” as it rakes despite raking in record profits.
Banking
‘Old offices need to make way for apartments’
Structural shortage of housing will force big cities to rethink how they use empty office space, says the boss of the world’s biggest property fund.
‘We can rebuild Crown to be the best in the world’
The boss of the $1.5 trillion Blackstone is eyeing more opportunities here as he declares tourism will be Australia’s ‘great growth engine’.
CBA puts brakes on crypto due to scams
Australia’s biggest bank will stop or slow transfers to cryptocurrency exchanges – and plans to take more action soon.
More Stories
‘Major stuff-up’: Commbank forced to repay missing money
The nation’s biggest bank and its subsidiary Bankwest has been forced to reimburse thousands of employees who have been left short-changed in their wage entitlements, with unions slamming the bungle as a “major stuff-up”.
How to avoid costly ‘nightmare’
A new study reveals the lack of care Aussies take with their wills and the hundreds of thousands of dollars going to waste when they die.
How to avoid currency conversion rip-off
Travellers are getting slugged as much as $15 for withdrawing just $200 while overseas. But there are a number of easy ways you can minimise the hefty charges.
Aussies want cash under their skin
More Australians are in support of getting a debit card microchipped under their skin despite not being as good at managing money as they think, new research shows.
Massive health insurance price hike today
The overhaul will impact millions of Australians but many of us are still unaware of what we need to do. Here’s what you need to know.
Credit card interest rates climb
Multiple lenders have pushed up their credit card interest rates hitting customers who fail to pay off their balance in full each month. SEE IF IT AFFECTS YOU.
The two words banks use that ASIC wants banned
The corporate cops want banks banned from using the words “general advice” after discovering the phrase hoodwinks many into believing they are getting tailored help not a sales spiel.
ANZ admits it’s not just ‘bad apples’
The heads of NAB and ANZ are being grilled by federal politicians about how they are responding to the damning findings of the banking royal commission.
Easy ways to teach your kids to save at any age
Despite our cashless tap-and-go society, teaching children about saving is as important as ever, says TV host, finance guru and father of four David Koch. Here’s how to teach your kids about money at any age.
‘Played for dummies’: How to save $3k
Millions of Aussies are about to be slugged with an extra $135 a month but Sydney man Peter Johnson has figured out how to reduce household expenses.
Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/198