ASX slips despite Wall Street recovery
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
Banking
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.
Brilliant reason teller denied $2k deposit
A NAB teller has been praised for refusing to allow a Melbourne woman to make a $2,000 deposit to help out her sick boyfriend overseas.
Armaguard rebuffs $26m cash lifeline
While the cash transit business previously claimed it was teetering on the brink, a $26m funding lifeline has been rejected.
Shares advance on steady inflation read
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
How woman saved from losing millions
The woman was trying to cancel her home insurance and sell her home so she could send money to a new boyfriend.
Major bank’s huge move on scammers
While criminals siphon hundreds of millions of dollars via scams each year, one bank has launched a new defence.
Gold, oil stocks weigh down sharemarket
Lower gold and oil prices weighed on the Australian sharemarket on Friday, but overall the ASX 200 ended the week 1.3 per cent higher.
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
Dad’s life savings gone after opening email
A devastated Aussie dad has revealed how he lost his entire life savings after opening one simple email.
Aussies lose $2.2bn to one cruel act
Australians have been hit with a record number of fraudulent credit card purchases and withdrawals, new data has revealed.
Man’s savings gone after phone call
A Melbourne man who saw $20,000 drained from his account after a few minutes on the phone has blamed a “random” text from his bank.
ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
Aussie bank hikes interest rates
An Australian bank has hiked its interest rates, as new data reveals the shocking rise in average mortgage payments since the pandemic.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Major bank closing city branches
One of Australia’s big four banks has announced another round of bank branch closures in two major cities.
Major bank closing city branches
One of Australia’s big four banks has announced another round of bank branch closures in two major cities.
Original URL: https://www.news.com.au/finance/business/banking/page/7