Major bank’s surprise move on rates
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
Banking
‘Despicable’: Major Aus bank to close branches
Bank of Queensland confirms several branches will close its doors for the last time in a number of weeks.
Big bank’s call on rate cut
One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending dropped after the Black Friday sales.
Why Star’s secretive Macau backer is betting big
A secretive investor is friends with Star’s two Hong Kong-based partners, sources say, which could give gaming regulators a new headache if he keeps buying up shares.
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CommBank boss ‘unaware’ of $3 fee
The boss of Australia’s largest bank says he was unaware of the controversial $3 service fee being applied to one account before it was announced.
‘Team player’: Major bank’s CFO retires
Westpac has announced its chief financial officer is leaving the company just months after its chief executive announced his retirement.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Why the fight against scams just got serious
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Bank sued, customers scammed out of $23m
The corporate watchdog is taking a multinational bank to the Federal Court over alleged failings to protect customers from scams.
Inside new Westpac CEO’s plan to rebuild the bank
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
RBA’s major Trump call after tariff spree
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
Victoria’s plan to stop Tassie green power push
The days could be numbered for the little-known regulatory quirk that has given a boost to Victorian power customers at Tasmania’s expense.
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