Lender desperate Aussies are turning to
A growing number of Australians are turning to a lender that finances people the major banks deem too risky.
Banking
Four bids for Star casino jackpot
Interested international parties were circling in recent weeks, with one US player taking a serious look, but a billionaire holds all the cards on the casino’s future.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Horror reason couple nearly lost $350k
A Queensland couple thought they were investing their cash safely, but when their bank got involved, they learned how close they’d been to losing a small fortune.
Gas imports to ease the energy crisis could arrive sooner
The hand-picked boss of billionaire Andrew Forrest’s Squadron Energy will have his work cut out bringing down energy prices.
Toll road boss must map new route to grow
Transurban’s Michelle Jablko has given an insight into how she expects to manage the toll road giant as it has started to find limits to its growth in the local market.
Woodside’s big bet on Trump energy trade
There’s good reason why Woodside boss Meg O’Neill is in a hurry to get her planned $1.8bn buyout of a cash-strapped US gas hopeful away.
Big bank’s shock gift to home buyers
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
Win for glam banker facing 120 fraud charges
A glamorous former bank employee has scored a win as she prepares to fight allegations she used her role to defraud banks.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Chilling effect of Aussie rate hike crisis
An alarming number of mortgage holders might need to sell their home, should interest rates stay elevated into next year, new research has revealed.
Tech outage effects could linger for weeks
Computer systems at businesses across the Australian economy could be dealing with the fallout from the Microsoft outage for weeks to come.
Trump 2.0 will unleash the primal forces that drive Wall Street
There’s a new Donald Trump running for the White House and his RNC speech contained some powerful messages for Australian businesses.
‘Sickening’: Family lost $1.1m in huge scam
Cyndy’s family lost $1.1 million to scammers. But she was shocked to uncover how Australia’s big four banks had facilitated the crime.
Two reasons Aussies are ditching streaming
One of Australia’s largest banks has crunched the numbers to show Aussies are pulling back on streamers and ‘micro treats’ to maintain spending on the two key things that are most important to them.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Alarming stat about big four banks
Australia’s big four banks have loaned more than $3.6 billion to fossil fuels projects and companies in 2023.
Alarming stat about big four banks
Australia’s big four banks have loaned more than $3.6 billion to fossil fuels projects and companies in 2023.
CFMEU construction union an economic wrecking ball
There is a terrible financial price we all pay for the serious allegations of corruption through the construction unions.
Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
‘Significantly weaker’: Disturbing Aussie trend
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Why ‘good’ and ‘bad’ Lendlease will have to part ways
Chief executive Tony Lombardo knows he is going to have to dig deep later this month to pull the builder out of its downward spiral.
Why the wave of bank bad debts was misleading
The doomsayers may not want to hear it but there’s no mortgage cliff, and it’s unlikely to come.
Town fuming at bank’s ‘outrageous’ move
Locals are fuming over ANZ’s shock move after the bank posted a profit of more than $7 billion last year.
Surprise plan Aussies have for tax cut cash
Aussies are about to get a tax cut cash boost and most will ‘spend’ it in a surprising way.
One thing propping up Aussie economy
As the Commonwealth Bank boss announced a profit slide, he said one thing was providing a “tailwind” for the Australian economy.
Central banks ‘will win’ inflation fight: Blackstone boss
Wall Street’s $US1 trillion investor is preparing to move up the risk curve as it bets on a turning point in the recovery.
‘In for the long haul’: Crown’s Wall Street owner vows
Turning the ship around at the casino was always expected to be measured in years, says its new $US1 trillion owner Blackstone.
Behind the invisible force turning ANZ inside out
It’s come at a huge upfront cost, but ANZ boss Shayne Elliott says the sky is the limit for the potential savings that technology can offer.
The RBA’s key message? Higher for longer
Michele Bullock is facing one of the most critical moments since taking charge of the central bank.
ASX records best day in three months
The Aussie sharemarket has remained strong in the wake of a less than ‘hawkish’ interest rates decision by the Reserve Bank of Australia.
ANZ chief’s dire warning for homeowners
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
ASX climbs as RBA board discusses rates
Ahead of the central bank’s impending interest rate decisions, investors on the Australian share market were in an upbeat mood.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Macquarie makes trademark shift to find new energy
After years defying gravity, the homegrown investment bank is falling back to earth and this has promoted a different approach.
ASX lifts after Fed rates news
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
Inside the game plan of NAB’s new CEO
Career business banker Andrew Irvine has two big challenges ahead as he drives the nation’s second biggest bank.
NAB earnings miss amid profit squeeze
Despite the decline in earnings, freshly minted NAB boss Andrew Irvine hinted that the competitive home loan market was easing.
Major Aussie bank to scrap cash this month
An Australian bank will go completely cashless from later this month as it switches to a fully digital offering.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
‘Time’s up’: Wylie takes aim at Lendlease chairman
Activist shareholder Tanarra Capital has stepped up the pressure on the property major ahead of a critical briefing, demanding ’fresh thinking and leadership’.
Star Chamber descends into a trial about office politics
A high-stakes inquiry into Star’s Sydney casino has failed in its efforts to cast former CEO Robbie Cooke as its villain.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
Global tensions lead ASX to drop
The Aussie sharemarket has ended the week lower after investors responded to reports Israel launched air strikes against Iran.
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