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Last year, banks enjoyed a ‘safe haven’ status in the market which saw their share prices surge. But this trend could reverse with likely successive rate cuts in 2025.

Rate cuts are on the horizon. Will it spell gloom for big banks?

Banks upheld their “safe haven” status in the market last year, and share prices surged – but could rate cuts reverse this trend and make it tougher for banks in 2025?

  • Cindy Yin

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The Commonwealth Bank will relax its lending rules for prefabricated homes, which are being constructed at Modscape’s factory in Essendon Fields before being transported.

Banks urged to ease lending rules for flat-pack homes

Building houses from prefabricated parts could reduce construction costs, but financing challenges have held the industry back.

  • Sumeyya Ilanbey
Banks have called out Facebook’s parent company, Meta, founded by Mark Zuckerberg, for shunning its responsibility in fighting scams.

‘Enough is enough’: Banks ramp up attack on tech giants over scams

Australian banks have called out Meta for enabling scammers to use its social media platforms to lure victims and facilitate money laundering.

  • Sumeyya Ilanbey
Joe Longo said ASIC’s high-profile investigation into ANZ was one of the most complex investigations the regulator had undertaken.

‘Serious issues’: ANZ to learn its fate over governance scandal by mid-year

ASIC chair Joe Longo said the probe into allegations ANZ traders manipulated the bond rate was one of the most complex investigations the regulator had undertaken.

  • Sumeyya Ilanbey
Financial Services minister Stephen Jones has committed to make bank, telcos and online operators liable for scam losses.

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.

  • Sumeyya Ilanbey
Banks can detect suspicious transactions from information such as how frequently a user is touching their screen.

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.

  • Clancy Yeates
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A Guzman y Gomez outlet in Sydney.

Rolled gold burritos, AI mania and ‘mother of all bubbles’ were big business in 2024

It proved to be a volatile year for the big end of town, but it’s investors who face a day of reckoning.

  • Colin Kruger
An interrogation of 65 different credit card providers reveals clawbacks of various benefits over the past decade.

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.

  • Sumeyya Ilanbey
Customers of Australia’s major banks are being urged to manually update their mobile wallets in order to avoid a looming technical issue that may cause payments chaos on New Year’s eve.

Eftpos customers warned of potential New Year’s Eve chaos

Cardholders at Australia’s major banks are being urged to manually update their mobile wallets.

  • David Swan
ANZ’s outgoing CEO Shayne Elliot.

‘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.

  • Elizabeth Knight

Original URL: https://www.smh.com.au/topic/big-four-banks-5ux