Woman wheels corpse into bank for loan
A Brazilian woman has been arrested after brazenly wheeling the fresh corpse of her uncle into a bank branch where she tried to get him to co-sign a loan.
Banking
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
Sneaky way Aussies ripped off $1bn a year
With Australians ripped off every time they use their credit card, the RBA is considering a crackdown.
Inside Bank of Queensland’s plan to shrink to greatness
Under a new boss, the regional lender plans to get ahead by getting smaller and smarter.
Break-up? Why our supermarkets need to get bigger
The Greens’ plan to force Woolies and Coles to shrink only plays into the hands of global gorillas like Amazon, Nestle and Unilever.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
ANZ announces huge shake-up
One of Australia’s major banks has announced a huge change to how thousands of people do their banking – and it’s coming soon.
Bullsh*t and jail: Canberra are we really doing this?
There is a darker message for all businesses after the Woolworths boss was forced to cop political bile from a lightweight Greens senator.
Nightclub‘s ‘ridiculous’ sign slammed
A trendy Melbourne nightclub has been criticised over claims of “ridiculous” surcharges at the popular establishment.
Casino cop denied Star the time and space to change
Star and its NSW regulator are at war over demands that change at the Sydney casino should be made at the cost of everything else.
Powerful Star casino monitor ‘passed over for top job’
The independent manager who now holds the fate of Star’s NSW licence had previously eyed a top executive job with the casino.
ASX slips despite Wall Street recovery
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
Firm collapses amid alleged $200m scandal
An Aussie financial services firm has been forced to close after links to an alleged sinister money laundering operation.
Why Citi thinks US economy could still stall
Citi banker Lucy Baldwin is one of the few market bears still standing. This is why she thinks there could be a hard landing.
Aussies’ spending softens after Swift lift
After household spending jumped during February due to Taylor Swift’s sold-out stadium tour, turnover in March was weaker.
‘Knows almost nothing’: Chalmers’ hits back
In a startling spray, the Treasurer has challenged the economic understanding of his political foes as he defends a major policy change.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
Surprising group buying up homes
Aussies are battling explosive house price growth with a smart new trick that means they can buy a property without moving out into the boondocks.
Tough new rules to stop covert takeovers
The Albanese government’s overhaul of mergers policy follows concerns that anti-competitive takeover deals are stifling innovation and cause price hikes.
ASX rallies ahead of US inflation figures
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Surprising detail in rate hike pain
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
The bizarre billboard baffling Aussies
Galloping cots come to life in the desert, a couple looking on adoringly, and a guy with a mullet firing up a laser gun. What is going on in this bizarre ad?
Warning to online banking customers
An online banking customer has urged others to update their passwords after they couldn’t access their account.
Secret to improving lives of Aussies revealed
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Huge problem facing Aussie banks
As Australians lose hundreds of millions of dollars to scammers each year, a tech insider says the banks’ data troves are a significant hurdle to tighter security.
Female workers $18k worse off
Shocking new data has named and shamed the businesses with the widest gender pay gap among their staff.
Five key lessons from Buffett’s shareholder letter
Warren Buffett’s legendary annual letters are filled with simple rules from a life of picking winners and losers. These are highlights from his latest.
‘Disappointing’: Blow in $8000 wage theft
A hospital that failed to pay more than 1500 junior doctors for overtime is appealing the historic class action, in a fresh blow for workers.
Alzheimer’s super drug on verge of US approval
US regulators are close to approving Eli Lilly’s Donanemab, which promises to slow the onset of dementia. Australia should follow this year, the drug giant’s global CEO says.
New Qantas learns to fly without old pilot Alan Joyce
The airline’s new chief executive, Vanessa Hudson, is going to great lengths to show the national carrier is taking a different flight path.
Rio Tinto boss finds the limits of his green power
The challenge Rio faces in saving its Queensland aluminium business is far more complex than BHP’s efforts to preserve its loss-making nickel mines.
ASX falls on Woolies, mining slump
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
Bank decision shows Australia is screwed
Competition should be an essential part of Aussie prosperity but a recent decision in banked shows the whole system is screwed.
ACCC ignored facts, blinded by agenda on Suncorp
The competition regulator lost on all three counts, bringing into question its motives for trying to block the $4.9bn bank deal in the first place.
Infuriating reason ATMs now slug you $4
Getting access to your own cash isn’t just getting harder – it’s costing a lot more too, and one leading expert says Aussies should worry.
Bendigo to call time on Adelaide Bank
Some 15 years after it acquired the regional lender, the Bendigo boss is quietly ending the multi-brand push.
Big bank’s huge call on interest rates
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
Big bank’s huge call on interest rates
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
Shock cash move at Coles rocks community
Bank closures in regional Australia have increased the demand for cash withdrawals at supermarkets, but one Aussie giant is fighting back.
Telstra’s Vicki Brady is facing a $500m test
There’s a lot that needs to go right for the telco boss, who has her work cut out to meet promised cost targets.
‘Persistent’: RBA boss issues new warning
Michele Bullock has defended a contentious move to lift interest rates as she made a stark warning of what’s to come.
CBA not ready to give up its ‘perfection’ profit crown
The lending major is finding it tougher to meet lofty expectations, but CEO Matt Comyn says he knows what investors really want.
ASX marred by cost of living pressures
Major banks are also being impacted by the cost of living pressures and the results are playing havoc with the Aussie sharemarket.
Major bank’s sneaky cash move
One of the nation’s biggest banks has made a major call on cash transactions, with many Aussies up in arms over the decision.
NAB’s CEO needs to delay his military call-up
The banking boss plans to join the board of UK laser defence and weapons play Qinetiq. He should finish up his current job first.
Insane amount Aus Post is paying for cash
With banks closing up shop in remote parts of the country, Australia Post is forking out thousands to ensure there’s cash in the towns.
Insane amount Aus Post is paying for cash
With banks closing up shop in remote parts of the country, Australia Post is forking out thousands to ensure there’s cash in the towns.
Commodities crash coming in fast at Macquarie
The exit of the bank’s commodities powerhouse and leadership contender Nick O’Kane marks another shift at Macquarie.
Interest cost bite with CEOs facing their own ‘mortgage cliff’
Big business is right in the middle of an almighty financing storm, with borrowing costs now the new inflation front.
Cruel truth behind vanishing bank branches
A string of bank branch closures in major cities marks a devastating shift due to impact millions of Aussies.
Original URL: https://www.thechronicle.com.au/business/companies/banking/page/5