Worrying sign Aussies crippled by debt
Australians have been warned about leaning on risky high-cost credit options like buy now, pay later and payday loans.
Banking
Woolies, NAB slammed for ‘crisis profits’
Millions of people have been pushed to the brink by rising prices yet a report has revealed Aussie companies made billions from devastating world events.
Big change coming for millions of Aussies
Westpac has made a big change to its app that will affect how millions of Aussies are able to pay for everyday items.
Why Aussies are rushing to withdraw cash
Aussies have rushed to ATMs all over the country to withdraw thousands in cash – here’s why so many are doing it.
More Stories
Customers’ credit histories suddenly wiped
ONE of Australia’s big banks has appeared to wipe the credit card and loan balances of its customers in an unprecedented widespread outage.
ANZ customers left cashless
ANZ customers are fuming today after technical failures left them without access to online and phone banking services.
NAB staff took ‘cash bribes in envelopes’
NAB employees accepted over-the-counter cash bribes to push through dodgy loans, the banking royal commission has heard.
Big banks facing new class action
THE big banks could face a class action over the sale of millions of dollars of “worthless” credit card insurance.
CBA refunds $16m junk insurance
COMMBANK will refund another $16 million to 140,000 customers sold “junk” insurance they would not be able to claim on.
Man robs banks with crazy ‘weapon’
THIS brazen thief almost managed to pull off not one but two daring bank robberies — without a single real weapon in sight.
Bombshell bank inquiry kicks off
HOME loans, car loans and credit cards will come under the microscope when the Banking Royal Commission holds its first round of public hearings.
Westpac and ANZ refund credit card holders
TWO of the nation’s largest financial institutions have been forced to hand back money to credit card customers after a massive stuff-up. Here’s how to get your cash back.
Scandal-hit CBA posts $4.7 billion profit
THE Commonwealth Bank’s profits have fallen 1.9 percent in the wake of the AUSTRAC money laundering scandal and the announcement of the Royal Commission.
CommBank’s $375m headache
COMMBANK has made a $375 million provision for penalties that could result from allegations of money laundering and terrorism funding.
Original URL: https://www.thechronicle.com.au/business/companies/banking/page/91