Business
Banking & finance
Tech giants claim banks should be on the hook for scam refunds
Tech giants and banks are at loggerheads over planned anti-scam laws, which could result in hefty fines for banks, mobile networks and social media firms.
- by Sumeyya Ilanbey
Latest
Exclusive
Superannuation
Messages show how powerful union slugged workers’ retirement savings
When a $2.4 million contract between the CFMEU and industry fund First Super was up for renewal, a long-serving union secretary allegedly saw a profitable opportunity.
- by Sumeyya Ilanbey
Australia’s rock star stock pickers need a better 2025, they might not get one
As billions flow into superannuation giants and exchange-traded funds, the ASX-listed homes to rock star stock-pickers will need to evolve or perish.
- by Clancy Yeates
Money manager Betashares plans Asian expansion after blockbuster year
Exchange-traded funds have had a banner year globally, with record fund inflows. Betashares, one of the fastest growing ETF providers in Australia, says there’s much more room to grow.
- by Anne Hyland
Banks are tracking your every click. It could save you thousands
As banks fight back against scammers, changes as minor as how you move a mouse on a computer screen can be a clue to a suspicious transaction.
- by Clancy Yeates
Why big banks will have a target on their back next year
Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.
- by Sumeyya Ilanbey
Opinion
Big four
‘What the hell is going on?’: Big bank’s year of woe summed up in one meeting
A horror annual general meeting is an ignominious way for ANZ’s outgoing boss Shayne Elliott to mark his exit.
- by Elizabeth Knight
‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts
National Australia Bank chief executive Andrew Irvine says the nation’s economy is in “reasonable shape” and he’s optimistic about trading conditions in 2025 as interest rates decline.
- by Daniel Lo Surdo
Opinion
Scams
Scam strike on global giant is a warning shot to banks
The regulator’s case against HSBC moves the needle from customer beware further towards bank beware.
- by Elizabeth Knight
Activists keep pressure on big banks despite $10b cut in fossil fuel lending
An analysis of banks’ environmental, social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.
- by Sumeyya Ilanbey
Company blamed for Cbus insurance delays hits back
Cbus has partially blamed administration platform MUFG for delays in paying out life insurance claims. The group’s CEO hit back on Friday.
- by Sumeyya Ilanbey
Original URL: https://www.smh.com.au/business/banking-and-finance