Union says CBA “replacing” staff with AI
Commonwealth bank has been slammed for axing frontline jobs to be replace them with AI and offshore services.
Banking
NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
‘Taking the mick’: Tradie loses it at ANZ
A hardworking tradie has been left shocked and horrified over his bank’s response after he lost almost $17,000.
Heads roll amid fury over CEO’s $24m pay
One of Australia’s richest companies is facing a revolt for failing to slash its CEO’s eye-watering $24 million pay packet despite a long list of regulatory failures.
More Stories
Bank removes ‘roadblock’ for homebuyers
A major bank has made a huge move on student debt that it says will help first-home buyers especially get into the market sooner.
Move to stamp out ‘unfair’ pay practice
The government is looking to stamp out an “unfair” business move which is leaving workers on penalty rates worse off.
CBA’s ‘shameful act’ as it sacks hundreds
The banking union has accused the Commonwealth Bank of a “shameful act” after announcing more than 300 redundancies.
Bank launches ‘no catch’ savings account
An Australian bank is going “old school” and looking to offer customers a banking product that it said had disappeared.
Gen Z wants this Boomer staple gone
One staple of the past is being flat out rejected by Gen Z Aussies who fear it will jeopardise their financial future.
Bitcoin soars past key milestone
The world’s leading cryptocurrency has surged past $US120,000 for the first time as investors pile into ETFs during US ‘Crypto Week’ policy deliberations.
Ex-broker’s $68k fraud of major bank
A former financial broker who forged letters to dupe a major Aussie bank out of six-figure loans – scoring extra commissions in the process – has learnt her fate.
‘Not feasible’: Bank axes more branches
A major bank that “prides itself” on its regional roots is leaving tens of thousands more people without a bank in their town.
ASX closes at fresh record high
Australia’s sharemarket followed the US to a fresh record high, with markets climbing despite global economic concerns.
Super mistake costing Aussies thousands
Australians are missing out on thousands of dollars in retirement savings by making one costly mistake during market downturns.
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