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.
Banking
Ice cream and the art of CEOs keeping it simple
Global consumer giant Unilever wants to do fewer things and to do them better. Australian business is starting to catch on.
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.
More Stories
Major bank to cut up to 25,000 jobs
A SCANDAL-hit bank will cut 22,000 full-time workers’ jobs — 10 per cent of its workforce — in a restructure that will see it withdraw from Brazil and Turkey.
Wall Street’s scariest problem
THEY’VE got one of the most highly sought after jobs in the world. But while the chance to make a lot of money is appealing, it’s proving too much for some young workers.
‘I begged them to block my account’
THINK it couldn’t happen to you? Paula Mills watched someone take over her life and realised too late that it was surprisingly easy.
‘It’s a warning to everybody’
THE country’s top financial watchdog has dropped what’s being called a “bombshell” as it sharpens its knives and sets sights on dodgy operators.
Radical plan to take down the banks
FOR years, the big banks have used people’s money to subsidise their risky activities. Here’s one solution being proposed which could change that.
From ‘rock star’ lifestyle to jail
AN ATM loophole allowed a Victorian man $1.6m of money that wasn’t his. He embarked on a lifestyle few of us could ever imagine – but then it all went horribly, horribly wrong.
The $2 billion credit card ripoff
AUSTRALIANS have paid more than $2 billion extra in credit card interest charges since 2011 due to failure of the banks to pass on cash rate cuts.
Good news for first home buyers
THE banks are finally doing something that will favour first home buyers over investors — and it could mean a cheaper home loan for you.
Home-loan ‘lures’ axed
THE nation’s biggest bank is putting a stop to incentives to lure property investors as pressure continues to grow for institutions to be more prudent with their lending.
Is the dream run over for the banks?
COMMONWEALTH Bank has suffered its biggest drop in share price since the GFC, and investors think the dream run for the big four could be over.
Original URL: https://www.ntnews.com.au/business/companies/banking/page/114