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.
Banking
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.
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.
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.
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.
Woman wheels corpse into bank for loan
A Brazilian woman has been arrested after brazenly wheeling the fresh corpse of her uncle into a bank branch where she tried to get him to co-sign a loan.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
ANZ announces huge shake-up
One of Australia’s major banks has announced a huge change to how thousands of people do their banking – and it’s coming soon.
Nightclub‘s ‘ridiculous’ sign slammed
A trendy Melbourne nightclub has been criticised over claims of “ridiculous” surcharges at the popular establishment.
ASX slips despite Wall Street recovery
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
Firm collapses amid alleged $200m scandal
An Aussie financial services firm has been forced to close after links to an alleged sinister money laundering operation.
Why Citi thinks US economy could still stall
Citi banker Lucy Baldwin is one of the few market bears still standing. This is why she thinks there could be a hard landing.
Aussies’ spending softens after Swift lift
After household spending jumped during February due to Taylor Swift’s sold-out stadium tour, turnover in March was weaker.
‘Knows almost nothing’: Chalmers’ hits back
In a startling spray, the Treasurer has challenged the economic understanding of his political foes as he defends a major policy change.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
Surprising group buying up homes
Aussies are battling explosive house price growth with a smart new trick that means they can buy a property without moving out into the boondocks.
Tough new rules to stop covert takeovers
The Albanese government’s overhaul of mergers policy follows concerns that anti-competitive takeover deals are stifling innovation and cause price hikes.
ASX rallies ahead of US inflation figures
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Surprising detail in rate hike pain
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
The bizarre billboard baffling Aussies
Galloping cots come to life in the desert, a couple looking on adoringly, and a guy with a mullet firing up a laser gun. What is going on in this bizarre ad?
Warning to online banking customers
An online banking customer has urged others to update their passwords after they couldn’t access their account.
Secret to improving lives of Aussies revealed
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Huge problem facing Aussie banks
As Australians lose hundreds of millions of dollars to scammers each year, a tech insider says the banks’ data troves are a significant hurdle to tighter security.
Original URL: https://www.news.com.au/finance/business/banking/page/5