Business
Banking & finance
‘The cost of cash is real’: So who’s really paying to keep it alive?
Moving cash around the country in armoured cars costs money. But unlike digital payments that attract surcharges, these costs aren’t visible to consumers.
- by Clancy Yeates
Latest
Ten years is enough: Regulator puts long-serving directors on notice
The APRA is set to call time on long-serving, incompetent and conflicted directors under a planned major shake-up of standards at banks, insurers and super funds.
- by Sumeyya Ilanbey
Markets will send Trump ‘powerful signals’, says $16 trillion money manager
The chief of investment behemoth Vanguard says the Trump administration’s keen interest in financial markets’ performance will add discipline to its actions.
- by Clancy Yeates
This tough corporate cop has seen it all, but even she is astounded by the scale of business misconduct
ASIC deputy chair Sarah Court is vowing to turn a blowtorch on corporate Australia so people have “some control over where their money goes”.
- by Sumeyya Ilanbey
A thousand emails: The ex-bank CEO with links to Jeffrey Epstein in the case gripping London
Jes Staley ran one of the UK’s most prestigious banks before stepping down after an investigation into his ties to Jeffrey Epstein. Now he is fighting to restore his name.
- by Jonathan Browning
The Wall Street CEO who earned $1.6 billion last year
Blackstone chief executive officer Steve Schwarzman’s windfall shines a spotlight on the billionaire’s wealth just as Washington takes aim at how private equity profits are taxed.
- by Dawn Lim
The market trend that could threaten Australia’s financial future
There’s a seismic shift happening in our financial markets that regulators – including ASIC and the International Monetary Fund – warn could challenge Australia’s economic stability.
- by Sumeyya Ilanbey
CBA opens fresh front in mortgage wars
Commonwealth Bank subsidiary Bankwest is gearing up to take on Macquarie and ING in lending to “under serviced” Australians.
- by Sumeyya Ilanbey
Insurance boss says forced break-up won’t lower premiums
The chief executive of insurance giant QBE says the sector doesn’t need intervention, with inflation the real culprit behind higher premiums.
- by Sumeyya Ilanbey
Updated
Superannuation
Australia’s biggest super fund hit with $27 million fine
The Federal Court ruled that AustralianSuper breached the law when it did not merge members’ duplicate accounts.
- by Sumeyya Ilanbey
Opinion
Big four
Is this pop the sound of the bank share bubble bursting?
It feels like investors have finally woken up to the fact that bank share prices have been unfathomably overvalued for a year.
- by Elizabeth Knight
Original URL: https://www.smh.com.au/business/banking-and-finance