Major bank reveals huge rate cut
A major bank has reduced its variable rates, as experts predict a ‘rates war’ between the big four lenders is about to heat up.
Banking
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Royals replaced on new $5 Aussie bill
The new theme for the $5 bill has been revealed, swapping out British royalty for something closer to home.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
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Fury over bank’s ties to weapons company
Protesters have targeted ANZ bosses over the bank’s ties to the world’s largest weapons company and its funding of major polluters.
The worrying warning sign behind Chalmers’ budget update
The commodity super-cycle is rapidly coming to an end, and Australia’s finances are nowhere near ready for this moment.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
‘Profit over people’: NAB’s big regret
NAB bosses have acknowledged that its most vulnerable customers were left in the lurch as they faced angry shareholders over the bank’s failures.
Christmas gift Aussies could do without
Aussies are being slugged with an unwanted Christmas gift of higher home loan repayments, fresh figures show.
CommBank boss ‘unaware’ of $3 fee
The boss of Australia’s largest bank says he was unaware of the controversial $3 service fee being applied to one account before it was announced.
‘Team player’: Major bank’s CFO retires
Westpac has announced its chief financial officer is leaving the company just months after its chief executive announced his retirement.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Why the fight against scams just got serious
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Bank sued, customers scammed out of $23m
The corporate watchdog is taking a multinational bank to the Federal Court over alleged failings to protect customers from scams.
Original URL: https://www.themercury.com.au/business/companies/banking/page/15