ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
Banking
Woman changes bank after being locked out
A Melbourne woman said she was left unable to access her money for more than two days after an innocent transfer was deemed “suspicious”.
Big four bank announces fresh blow to savers
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
Major bank fined over data issues
A major bank has been fined for breaches of Australia’s economy-wide data-sharing scheme that let down Australian consumers.
More Stories
‘Spineless’: Act that reduced 89yo to tears
Alarm bells rang at a NAB branch when staff noticed a “spineless” scammer instructing a customer on how to increase her internet banking limit.
Frustration as CBA system goes down
Hundreds of CBA customers were unable to send money transfers or pay people for several hours on Friday after bank systems went down.
‘Just stop’: Surprise act hurting homebuyers
Australian first-home buyers would be better off without one thing, as it is simply driving up the price of the housing market, an economist warns.
Big four bank delivers major savings blow
While mortgage holders will be cheering on lower rates, Australian savers will once again get smashed by the latest RBA announcement.
Big bank to cut 1500 jobs in huge cull
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
Biggest US bank shocks with Bitcoin move
The CEO of one of the world’s biggest banks has made a stunning cryptocurrency announcement, completely backflipping on his previous stance.
Ex-premier roasted over RBA take
A post on X by Queensland Labor leader Steven Miles in the wake of the Reserve Bank’s rate cut has been roasted by social media users.
Ex-premier roasted over RBA take
A post on X by Queensland Labor leader Steven Miles in the wake of the Reserve Bank’s rate cut has been roasted by social media users.
‘Stupid’: Kmart prank goes horribly wrong
A group of young Aussies are being slammed after a “dangerous” prank with a stranger in a Kmart store left them begging for forgiveness.
‘Disgusting’: CommBank’s threatening email
A high-profile property researcher has blasted an “Orwellian” email from CBA, which demanded to know if he has any cash at his home.
Original URL: https://www.themercury.com.au/business/companies/banking