Major bank to move 190 Aussie jobs offshore
Big four bank Westpac will cut 190 Australian jobs in its customer solutions division and move them offshore just days after announcing a bumper profit.
Breaking News
Stores cash-strapped Aussies are still visiting
Figures from one of Australia’s largest retailers show Aussies are still finding room in their budgets to shop despite cost-of-living pressures.
Big win for Telstra shareholders
Telstra says its heavy investment in the Australian network is paying off, as the telco announces massive payouts to shareholders.
ASX drops on NAB, MinRes earnings misses
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
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Reason Aussies shying away from retailer
International retailers Temu and Shein have risen rapidly in Australia, but that could be short lived. Here’s why.
‘In a second’: Horror warning for Aussies
Australians are falling for scams within a matter of seconds, with a top cybercrime cop issuing a chilling warning.
ASX snaps two day losing streak
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
‘Price war’ as new airline stakes claim
The latest competitor on a key route between Australia and the US has put its first seats up for sale.
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Proof of how far off target Australia is
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Major turnaround in Aussie habit
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
Major bank’s huge interest rate move
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
Aussie banking boss drops bombshell
Former Queensland Premier Anna Bligh will retire from her role in the Australian Banking Association after eight years of lobbying for the major banks.
How Temu took down Aussie pioneer
International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.
Original URL: https://www.themercury.com.au/business/breaking-news/page/9