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Commonwealth Bank

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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
Surcharges are increasingly being added for card payments – but Australia’s biggest bank wants them scrapped.

Qantas, Virgin warn of higher prices if card surcharges banned

The airline duopoly has defended card surcharges, saying they give customers choice and keep prices low.

  • Millie Muroi
A productivity-enhancing reform agenda ought to be the focus in this year’s political campaigns.

Back to (or building) the future?

It is both ironic and appropriate that Peter Dutton has chosen to copy the New Zealand Nationals’ election slogan of “Back on track”.

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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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
ANZ Bank.

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.

  • Sumeyya Ilanbey
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Stuck in a chat circuit

AI or a chip off the old block?

Sydney Archbishop Anthony Fisher.

ACU is an educational institution, not a church

Sydney Archbishop Anthony Fisher’s attempt to theocratise the Australian Catholic University must fail.

Original URL: https://www.smh.com.au/topic/cba-eu