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Big four

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Making a call that bank shares will fall is a risky business.

Why did profit-hungry banks act so quickly to cut interest rates?

Three of the big four banks cut interest rates within minutes of the RBA decision on Tuesday. Here’s why they reacted so fast.

  • Millie Muroi

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Making a call that bank shares will fall is a risky business.

Is this pop the sound of the bank share bubble bursting?

It feels like investors have finally woken up to the fact that bank share prices have been unfathomably overvalued for a year.

  • Elizabeth Knight
CBA boss Matt Comyn.

Australia’s economy is slowly turning the corner, CBA boss says

CBA beat expectations with its first-half result, and CEO Matt Comyn sees relief for home loan customers relief imminent with the RBA expected to cut rates next week.

  • Sumeyya Ilanbey
People with HELP debts may be able to borrow more or find it easier to get a mortgage under new government plans.

Banks told to ignore student debt when weighing up home loans

Millions of Australians collectively carrying more than $43 billion in student debts have faced problems getting a mortgage. Now they may have a chance to buy a home.

  • Shane Wright
Sara Daizli arrives at the NSW District Court on Monday for the start of her fraud trial.

‘Rochelle Starlet’, the WhatsApp group and the alleged bank fraudster

Sara Daizli, a former St George Bank employee, is standing trial on 90 fraud-related charges including dealing with almost $1 million in proceeds of crime.

  • Michaela Whitbourn
Last year, banks enjoyed a ‘safe haven’ status in the market which saw their share prices surge. But this trend could reverse with likely successive rate cuts in 2025.

Rate cuts are on the horizon. Will it spell gloom for big banks?

Banks upheld their “safe haven” status in the market last year, and share prices surged – but could rate cuts reverse this trend and make it tougher for banks in 2025?

  • Cindy Yin
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The Commonwealth Bank will relax its lending rules for prefabricated homes, which are being constructed at Modscape’s factory in Essendon Fields before being transported.

Banks urged to ease lending rules for flat-pack homes

Building houses from prefabricated parts could reduce construction costs, but financing challenges have held the industry back.

  • Sumeyya Ilanbey
Banks have called out Facebook’s parent company, Meta, founded by Mark Zuckerberg, for shunning its responsibility in fighting scams.

‘Enough is enough’: Banks ramp up attack on tech giants over scams

Australian banks have called out Meta for enabling scammers to use its social media platforms to lure victims and facilitate money laundering.

  • Sumeyya Ilanbey
Joe Longo said ASIC’s high-profile investigation into ANZ was one of the most complex investigations the regulator had undertaken.

‘Serious issues’: ANZ to learn its fate over governance scandal by mid-year

ASIC chair Joe Longo said the probe into allegations ANZ traders manipulated the bond rate was one of the most complex investigations the regulator had undertaken.

  • Sumeyya Ilanbey
Financial Services minister Stephen Jones has committed to make bank, telcos and online operators liable for scam losses.

Tech giants claim banks should be on the hook for scam refunds

Tech giants and banks are at loggerheads over planned anti-scam laws, which could result in hefty fines for banks, mobile networks and social media firms.

  • Sumeyya Ilanbey

Original URL: https://www.watoday.com.au/topic/big-four-banks-5ux