The Aussie sharemarket has edged higher in a choppy session of trading ahead of Tuesday’s closely-watched decision on interest rates from the Reserve Bank of Australia.
Duncan Evans
Westpac’s CEO says average-income Australians are locked out of the housing market with the bank seeing enquiries for first-home buyers double in a matter of weeks.
Stephen Johnson
Westpac has confirmed the sale of RAMS, which has loans worth $21.4 billion, a little more than a week after it was fined $20 million.
A first-time homebuyer? Here’s your guide to some of the essential steps — how to figure out what you can afford, how the loan process works and some key things to watch out for before taking the plunge.
Ama Samarasinghe
The federal government's planned cash mandate will ensure an ongoing place for hard currency but cash advocates say its a step towards a tap-only society.
Adrian Black
It’s been a wild October for the Aussie sharemarket and the final day of the month’s trading delivered a small slide into the red.
The boss of Australia’s financial complaints watchdog says fewer opportunities to access cash and face-to-face banking are adding to hardship woes for consumers.
Danielle Le Messurier
Australian banking shares could face a reckoning as lenders unveil earnings starting next week, with valuations setting a high bar for results.
Carmeli Argana and Nasteho Said
ANZ has revealed a $1.1 billion profit downgrade, with redundancies making up more than a third of the bad news.
Severance payments for thousands of axed staff and hefty fines by the regulator will cost a big-four bank more than $1 billion in profits.
Derek Rose
ANZ says cash profit for the second half of this year will be impacted by significant items amounting to $1.1 billion, as chief executive Nuno Matos overhauls the Australian lender.
Adam Haigh
AARON PATRICK: A working mother’s win against Westpac shows just how far the pendulum has swung against employers.
Aaron Patrick
Australian gold miners have suffered their biggest one-day fall since Covid after precious metal prices plunged, despite a new US-Australia critical minerals deal.
Cameron Micallef
Australian savers have been dealt another blow, with major banks cutting savings rates.
An ANZ outage has affected customers across Australia who were unable to access the bank’s digital services.
Emma Kirk
Thousands of customers of one of Australia’s big four banks have been left shut out of their accounts after a nationwide systems crash.
Madeline Cove and Matt Shrivell
Physical bank branches continue to shut, as new data shows which of the major banks has swung the axe the hardest.
Blair Jackson
The plight of the currency transport business comes as the number of Australian ATMs has halved in eight years and as the network of bank branches has plunged.
Crypto ATMs could be banned under new powers to help the government’s financial crime watchdog crack down on scammers and money laundering.
Katina Curtis
Commonwealth Bank leaders have defended their AI strategy after a dramatic backflip on chatbot-related job cuts.
The AGM in Brisbane has heard that the appointment of a new CEO will be directed by the next chair
Sean Smith
Australia’s fourth biggest bank is pitching itself to investors this week, but the rebrand is being hit with furious protest anger over looming job cuts.
ANZ’s Nuno Matos has outlined a plan to reverse its profit margin decline and grow returns for shareholders in a radical overhaul of the bank.
Tom Richardson
ANZ will move its eight million Australian retail banking customers to ANZ Plus by late 2027, and add to its mortgage sales force in its branches.
