Banking products
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Scams
Up to $50m fine for banks, telcos, social media firms in war on scams
Labor will give its financial watchdog new powers to force companies to compensate customers who lose money and to punish operators who don’t police their sites.
- by David Crowe
Latest
Analysis
Big four
Why you’re being charged too much to send money overseas
The big four banks continue to charge more for international transfers than many of their rivals, prompting calls for fresh regulation.
- by John Collett
Opinion
Interest rates
What should you do with your savings? Nothing at all
To utilise your money and truly get the most out of it, right now, you actually don’t need to lift a finger.
- by Victoria Devine
Complaints surge about banks not doing enough to prevent scams
Australians’ complaints over payment scams have grown exponentially. Should banks be on the hook to reimburse customers?
- by John Collett
Opinion
Opinion
We must stop this ‘nasty weed’ plaguing our financial system
It’s pervasive, affecting more and more people every day, and it wastes time – and yet most people have never heard of it.
- by Noel Whittaker
ANZ fires, suspends traders amid alleged dealing misconduct
ANZ chief Shayne Elliott said the bank’s board is probing the alleged misconduct and would “ensure consequences will be applied to senior executives, both past and present, including myself, where appropriate”.
- by Harry Brumpton
Banks to refund $28m to low-income customers kept in high-fee accounts
The corporate watchdog found four banks kept at least two million customers in high-fee accounts, even though they were eligible for cheaper products.
- by Millie Muroi
Analysis
First-home buyers
Why first-time buyers are finding it harder to get a mortgage
More first home buyers are struggling to get their mortgage applications over the line with lenders.
- by John Collett
Graphic content
Domestic violence
Grieving mother vows to stop abusers profiting from victims’ deaths
Julie Adams says her beautiful, feisty daughter died after relentless and emotional, sexual, physical and financial abuse. She wants to stop it happening to others.
- by Claire Ottaviano
Australians have been short-changed billions. Now banks are being forced to change
Treasurer Jim Chalmers is unveiling changes to how banks inform their customers on everything from deposits to mortgage rates, so people can make better financial choices.
- by Shane Wright
‘Fatal consequences’: Social entrepreneur brings financial abuse battle to Perth
Catherine Fitzpatrick is taking on major institutions in a bid to eradicate the abuse she says lies at the root of a huge number of domestic violence situations.
- by Jesinta Burton
Original URL: https://www.theage.com.au/topic/banking-products-hvm