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.
Duncan Evans
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.
Stephen Johnson
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.
DEBTMAN: In reality, the wrong people are excited by the scheme. It’s not the first-homebuyers who should be upbeat about the changes. It’s the other side of the property transaction.
Bruce Brammall
One of Australia’s most recognisable financial voices has jumped ship after clocking up more than two decades explaining markets at CommSec.
Blake Antrobus
The hottest item in Sydney — causing huge queues in the CBD — is a timeless classic.
Sacked ANZ trader Etienne Alexiou is seeking up to $30m for wrongful dismissal in a court case that’s uncovered lewd and offensive behaviour at the bank.
In an Australian first, shoppers will now be able to get loyalty points towards their next flight, without the need to go into credit card debt.
