Number that will scare big four banks
ANZ and Westpac refused to pass on the entirety of the Reserve Bank’s rate cut and it may prove costly for the major banks.
The Editorial Team
Latest
Figure shows sad truth about unemployment
Data released today is another sad reminder of the economy after the RBA was forced to cut rates and Australia’s growth has fallen to a decade low.
Biggest change in a decade for Woolies
Woolworths announced it is investing millions as part of a push to help it differentiate itself from its fierce rival Coles.
Minister’s dress code views ‘outdated’
A Japanese minister has come under fire for his comments about a common dress code that requires women to wear uncomfortable attire.
Don’t make this mistake after rate cut
Comparison sites break down which bank did and didn’t pass on the Reserve Bank’s interest rate cut and how to best capitalise on the savings.
‘Miserable’ economy weakest in a decade
Economists warn Australia is heading to a recession next year after its economy slowed to its weakest level since the tail of the Global Financial Crisis.
Greedy banks to pocket $110 million
The major banks all say they will pass on some or all of the rate cut, but a tricky tactic will see them pocket millions of dollars.
RBA’s shock interest rate prediction
The RBA’s decision to cut interest rates to its lowest level in history won’t be enough to stimulate the struggling economy, its governor warns.
ANZ, Westpac angers with rate decision
ANZ and Westpac are two of the big four banks that have refused to reduce variable mortgage rates following the Reserve Bank’s cash rate cut.
Amazing feature on new Aussie coin
The Royal Australian Mint will release a new coin series with minutely crafted detail to celebrate the most iconic moment of the last century.
Original URL: https://www.news.com.au/the-team/james-hall/page/138