Australia urged to remain calm on Trump tariffs
The chief executive of one of the country’s largest banks said Australia should remain calm and use the Trump tariffs to our advantage.
The chief executive of one of the country’s largest banks said Australia should remain calm and use the Trump tariffs to our advantage.
Startling details have emerged about the Bank of Queensland boss’ mortgage for his $7m beachfront home, as customer outrage continues over the lender’s decision to not pass on a rates cut.
The boss of big-four bank NAB has more skin in the game than most in Donald Trump’s tariff war. There are also lessons for Australia out of this.
If the first casualty of trade wars are markets, Donald Trump’s tariffs are a stunning form of economic self-harm.
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
The days could be numbered for the little-known regulatory quirk that has given a boost to Victorian power customers at Tasmania’s expense.
ANZ has a history of its ambitions being bigger than its balance sheet. The arrival of a big name global banker adds to these worries.
One of Australia’s largest companies has found its new chief executive, an international banker of “calibre and extensive experience”.
The big four bank is holding on to predictions of a rate cut in February following Australia’s anaemic growth figures released on Wednesday.
A generational shift is well under way at Rob Scott’s retailing conglomerate, Wesfarmers, and this opens opportunities for the breakout Anko brand.
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Original URL: https://www.themercury.com.au/business/companies/banking/page/16