One of Australia’s largest companies has been fined $15m for failing to answer customers in financial hardship.
Blair Jackson
The era of significant pay rises may be over, as Aussies face a wage slowdown and a “bump in the road” for the labour market.
Blake Antrobus
Australia’s biggest home lender revealed fixed pay for its senior executives was increased between 4.5 per cent and 16.7 per cent in the 2025 financial year.
Sean Smith
Commonwealth Bank has posted a mammoth $10.25bn profit, crediting the record figures to this trend in Aussie households.
Cameron Micallef
Commonwealth Bank of Australia’s full-year profit met estimates as loan growth and a buoyant property market supported the country’s biggest lender.
Daniel Newell
Australia’s major banks are responding to the Reserve Bank of Australia’s cash rate call, passing on the 0.25 per cent cut in full.
Michele Bullock has signalled further relief could be looming for Australian borrowers after the Reserve Bank cut the official interest rate for the third time this year.
Matt Mckenzie
After surprising everyone by showing signs of caution last month, the central bank has today said the time is right to deliver another lot of rate relief. And one bank isn’t wasting any time passing it on.
The Australian sharemarket has ticked down from a record high but maintained much of the lofty gains as investors prepare for interest rate cuts.
A big four bank has stunned prospective homebuyers by hiking mortgage rates — just days before the Reserve Bank is expected to deliver a third round of relief for struggling households.
Australia’s major banks are joining the wave of smaller lenders cutting mortgage rates ahead of a “near-certainty” rate cut next week.
Financial services group AMP has reported another fall in bottom-line net profit, but is optimistic about the future and its new digital banking service.
Staff Writers
Australia’s biggest bank has taken a $130 million hit, partly driven by increased restructuring costs at Bankwest.
One of the alleged ringleaders of a “large-scale” loan fraud scheme has been arrested at Crown casino wearing a Louis Vuitton bomber jacket.
Blair Jackson and Jack Nivison
Commonwealth Bank has been slammed for axing frontline jobs to be replace them with AI and offshore services.
Jack Nivison
It’s unfair that Australians in remote communities are being locked into these high-fee accounts by a postcode lottery, with city-centric requirements from some banks to apply for low-fee accounts in person.
Alan Kirkland
Banks must ask themselves some 'difficult questions' following a review by ASIC, which has resulted in refunds totalling millions for low-income customers.
Keira Jenkins
Despite intense lobbying by management and the board, voting numbers from Thursday’s annual general meeting confirm 25.4 per cent of shares were voted against the investment bank’s remuneration report.
A major bank has made a huge move on student debt that it says will help first-home buyers especially get into the market sooner.
KIM MACDONALD: It takes one afternoon and a little patience, but this simple trick could knock tens of thousands off your mortgage.
Kim Macdonald
National Australia Bank chief Andrew Irvine says last week’s intense scrutiny over his drinking habits has been ‘difficult’ and found the media coverage ‘quite personal and public’.
Cheyanne Enciso
National Australia Bank chief executive officer Andrew Irvine said he’d faced a difficult week for himself and his family after a report surfaced about the leader’s managing style and drinking at client events.
Adam Haigh
Australia's financial product watchdog continues to grapple with a mountain of complaints, with car insurance the leading cause of consumer consternation.
Adrian Black
ASIC has tasked Australia’s banking industry with assuaging public distrust in artificial intelligence by proving it can be used for good, but affirmed it’s in no rush to regulate the fast-moving tech.
Simone Grogan
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