National Australia Bank’s chief executive has faced a parliamentary grilling over job cuts and offshoring work while the bank makes millions.
Cameron Micallef
National Australia Bank chief executive Andrew Irvine says he’s downbeat on the country’s economic prospects, a backdrop that’s challenging lenders’ profitability.
Adam Haigh
Two big banks' bosses will be probed by MPs the day after one was hit with accusations of overcharging and the other with a $169 million fine.
Will Nicholas
The financial services watchdog has taken legal action against the Commonwealth Bank after it alleged tens of thousands of business customers were overcharged.
Morgan Reinwald
Home loans pioneer Mark Bouris has declared the biggest collapse in home lending on record will only get worse. Here is what it means for property prices.
Aaron Patrick
One of Australia’s big four banks is facing accusations that it overcharged tens of thousands of business customers.
David Hannant
The corporate regulator is taking Australia’s largest bank to court, claiming tens of thousands of its business customers were left millions of dollars out of pocket.
Daniel Newell
Big four bank chiefs are defending record profits before parliament while also being grilled on housing affordability, offshoring jobs and the economy.
The Commonwealth Bank has been accused of duping 42,000 small business clients by charging undisclosed fees as the corporate watchdog takes action.
Max Aldred
National Australia Bank has agreed to pay almost 66,000 underpaid workers as part of an agreement with the Fair Work Ombudsman.
Joanne Williamson
Australia's big four bank bosses face a two-day parliamentary grilling over thousands of AI and offshore job cuts despite posting multi-billion dollar profits.
Investors have led Australia’s record home loan collapse, with new figures revealing a staggering plunge driven by tax reforms and interest rate rises.
Commonwealth Bank is raking in billions while more Australians fall behind on their mortgages, with home loan arrears climbing.
One of Australia’s largest banks has been slapped with a multimillion-dollar fine over the way it promoted rates to new savers.
Australia’s fifth-largest bank is set to cop a $14m fine and has so far paid out compensation to tens of thousands of account holders after admitting to failures over a savings rate offer.
Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.
Richard Henderson and Daniel Newell
Thousands of Westpac customers across Australia have been impacted by an outage.
Emma Kirk
A watchdog has warned that people are still not getting the full picture about a major $250bn Australian sector.
More housing pain, weaker jobs and mounting hardship: ANZ’s outlook darkens as cost cuts lift annual cash profit to $7.59 billion and its global workforce shrinks by more than 3000.
Ryan Johnson
While Australians battle cost-of-living pressures, ANZ has surged to a multibillion-dollar full-year cash profit, with shareholders reaping the rewards.
ANZ has boosted full-year profits after making strides on a transformation plan, despite having to lift bad debt provisions.
Kaaren Morrissey
Big four bank pledges to keep a presence in every community in which it currently operates a branch until at least December 2030.
Adrian Lowe
Macquarie Group’s profit came in line with expectations as volatility buoyed earnings within its powerhouse commodities and global markets division.
Richard Henderson
Paraguayan President Santiago Pena has quit after about half the population was left without access to bank accounts following the collapse of lender Ueno.
Staff Writers
