ASX drifts lower in ‘directionless’ trading
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Banking
‘Easy’ way Aussies can earn hundreds
A simple prompt could help earn Aussies hundreds of dollars, as a major bank announces a new alert system.
Major bank reveals huge rates offer
Australia’s biggest bank is hoping to claw customers away from its competitors, announcing a below-average home loan rate.
Lendlease’s grand plan to bring $4bn back home
The Lendlease boss Tony Lombardo is expected to take a significant step towards reshaping his pressured property play.
More Stories
The red flags behind Frazis’s shock exit from BOQ
Rising tensions over George Frazis’s leadership style, including midnight emails and extravagance for travel and entertainment, became so obvious the board acted to end the stand-off.
CEO succession, tech overhaul on ANZ agenda
ANZ’s board has been developing ‘good internal’ candidates to succeed long-serving CEO Shayne Elliott, with structured evaluation of senior execs already taking place.
Magellan races to stop cash leak turning to flood
The business behind the one-time star stock picker is being valued by investors as though another $40bn in funds is about to walk out of the door.
Westpac chief faces $8bn problem
After securing some easy savings, jobs will be on the line as the big four bank chases its ambitious target.
Rare Lamborghini lands man in court
Debt collectors showed up to seize a rare purple supercar from a Sydney premises last December – but when they got there, things took a strange turn.
Credit rating risk for big banks warns S&P
Improved funding conditions and a strong rebound in the domestic economy from the COVID-19 pandemic are supporting the credit ratings of Australian banks.
Why bank stocks are losing ground
Once the backbone of many portfolios, bank stocks are losing ground amid renewed competition for dividend-hungry investors.
Original URL: https://www.themercury.com.au/business/companies/banking/page/80