Aussies set to rack up insane credit card debt
Cost of living pressures are causing Aussies to turn to credit this festive season, which experts predict could take years to pay back.
Banking
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Urgent warning for thousands of Aussies
Aussies are being warned to check their mobile and wearable payment devices or risk being unable to purchase items this New Year’s Eve.
More Stories
Does ANZ need another rock star CEO?
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.
‘Extensive experience’: ANZ picks new boss
One of Australia’s largest companies has found its new chief executive, an international banker of “calibre and extensive experience”.
Major bank’s renewed cash rate call
The big four bank is holding on to predictions of a rate cut in February following Australia’s anaemic growth figures released on Wednesday.
Wesfarmers’ plan to take Anko to the world stage
A generational shift is well under way at Rob Scott’s retailing conglomerate, Wesfarmers, and this opens opportunities for the breakout Anko brand.
Surprise reason for Aussie spending jump
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.
Outgoing senator’s new job revealed
A long-serving outgoing Coalition senator’s new role once he steps out of parliament has been revealed.
Huge warning over dodgy GST refunds
The Australian Taxation Office has issued a major warning amid their crackdown of business owners trying to cheat the GST system, following a huge spike in fraudulent claims.
Bank’s arrogant move as it closes 2300 ATMs
CommBank raked in a staggering $9.8 billion profit for the 2024 financial year – and still tried to charge customers $3 to use their own money.
CBA’s major move on controversial cash fee
A proposed $3 fee on cash withdrawals from Commonwealth Bank branches for some customers has been paused in response to national fury.
Most trusted Aussie brands revealed
Despite using privacy-invading facial recognition cameras, a major retailer has held its spot as the No.1 most trusted Australian brand.
Original URL: https://www.themercury.com.au/business/companies/banking/page/4