The five black swans threatening the market boom
History shows there’s been plenty of booms before a mighty fall. These are the top risks lurking in the shadows that could derail the recovery.
Banking
Aussie bank hikes interest rates
An Australian bank has hiked its interest rates, as new data reveals the shocking rise in average mortgage payments since the pandemic.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Major bank closing city branches
One of Australia’s big four banks has announced another round of bank branch closures in two major cities.
More Stories
Lenders drop rates but be wary
INTEREST rates on fixed home loans continue to fall despite the nation’s cash rate failing to budge in 14 months, as experts warn a rate rise is coming.
Kids stash cash like never before
YOU can’t wipe the smike from this young girl’s face. She is one of more than 270,000 children nationally saving money more than ever before.
The mysterious world of shadow banks
SHADOW banks don’t follow the same rules as everyone else but they control $75 trillion. Could they be responsible for another GFC?
Bank lends small business a hand
A NEAR 100 per cent approval rate of loan applications by one of our biggest banks and the slashing of red tape is helping bolster small businesses in Australia.
Don’t be a dodo with direct debits
THESE two well-known telcos are quick to take your cash and too slow to stop, breaching direct debit regulations dozens of times in recent months.
Is the era of bank bashing finally over?
DO YOU love your bank? Apparently, yes. Yes you do. It seems the age of bank bashing is officially over.
Bank cops millions in payouts for Storm Financial collapse
BANK of Queensland will be the third bank to pay victims millions in compensation following the collapse of Storm Financial.
Guilty pleas over insider trading
THE men behind an insider trading scandal that rocked the financial world have pleaded guilty over the $7 million scheme.
Dodgy fees you should be fighting
THEY’RE the dodgy fees you shouldn’t be charged, but usually are anyway. Consumers are being warned again — always read the fine print.
Bank wouldn’t lend money to black people
THIS bank has been accused of deliberately rolling out a strategy that sees it won’t have to lend money to black people.
Original URL: https://www.thechronicle.com.au/business/companies/banking/page/126