Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Banking
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
‘Significantly weaker’: Disturbing Aussie trend
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
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Westpac reveals major card update
One major bank has unveiled a major update on its credit and debit cards that’s intended to help one group manage their money.
Joyce’s Qantas share dump shows poor judgment
The surprise move rocked Qantas shares and the optics around the outgoing CEO’s long term confidence in the airline look terrible.
‘Alarming’ reason for big bank’s record fine
An Australian banking giant has been issued with a record fine after taking “ineffective” steps to address an issue that annoys customers.
Financial mistake leaving Aussies ‘worse off’
Australians are being warned not to be sucked into psychological stress amid the cost of living crisis that could end up in them losing money.
‘AI won’t outsmart the markets’
Dimensional is the world’s biggest fund manager that you have never heard of. And it is backing markets over machines.
BHP may have uncovered a new wages time bomb
The miner has severely damaged calls for restraint around workplace rule changes and pay rises.
Major bank’s surprise home loan move
With yet more interest rate rises expected from the Reserve Bank, one of the country’s largest lenders has announced it will buck a “big four” trend.
Can PwC Australia survive intact?
The scandal is far from over and is threatening to spread offshore. However, PwC’s demise could seriously disrupt corporate activity.
Real estate scams prompt warning
Real estate companies have lost more than $100,000 to phone scammers pretending to be from major banks.
Leaked email exposes Westpac’s WFH dig
Westpac’s CEO has weighed in on the work-from-home controversy with a subtle dig at rival CommBank.
Original URL: https://www.thechronicle.com.au/business/companies/banking/page/76