Shares advance on steady inflation read
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
Banking
Westpac flags budget blowout for tech overhaul
Westpac boss Peter King admits possible cost overruns are on the table for the bank’s multibillion-dollar tech overhaul, saying it could take more than the four years budgeted.
Oil, gas needed for years: Larry Fink walks back green shift
One of the world’s most influential ESG investors argues energy security is just as important in the move to net zero.
How woman saved from losing millions
The woman was trying to cancel her home insurance and sell her home so she could send money to a new boyfriend.
More Stories
Banks rake in an extra $125 million
DAYS after Westpac jacked up its interest rates, we can reveal how the big four banks have managed to rake in a massive $125 million.
Westpac’s rate hike rakes in millions
WESTPAC stands to make an extra $1.59m a day by raising interest rates on all home loans, in a strategic move made ahead of a likely Melbourne Cup rate cut.
Westpac hikes mortgage rates
WESTPAC is raising its variable mortgage rate by 20 basis points from next month, in what the lender described as a “difficult decision not taken lightly”.
$7 million ‘a drop in the ocean’
A LAWYER for the mastermind behind Australia’s worst insider trading scam says his jail term should be cut because his profit was relatively small.
Why this deal makes us big winners
IT IS the historic deal that promises “enormous benefits” for all Australians. Here’s why we were big winners from the trade talks.
‘Surreal’ failure that started the GFC
THE man who sat at the front seat of the 2008 crash has revealed the ‘surreal’ failure that started the worst financial crisis since the Great Depression.
Banks take spying to the dark web
BANKS have begun hiring hi-tech security firms to spy on their employees, monitoring everything from social media posts to dark web activity.
Bank trick: holiday with your mortgage?
LUXURIOUS holiday destinations including Paris and New York are the latest bait being used by banks to lure in new mortgage customers.
CommBank restores services after meltdown
COMMONWEALTH Bank says services have finally been restored after its latest meltdown, which left customers unable to access their cash this morning.
Why Westpac banks are shrinking
ARE smaller branches with more hi-tech equipment the future of banking? Westpac bosses think so. But what will it mean for customers?
Original URL: https://www.themercury.com.au/business/companies/banking/page/111