Banking

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Australian banks should reimburse scam victims, ACCC and consumer advocates say
‘Glaring lack of regulations’ means Australia is a ‘wild, wild west’, Consumer Action Law Centre policy officer says

Cait Kelly

01, Feb, 2023 @2:00 PM

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How to not get caught in the million dollars a day of scams in Australia
With little chance of getting money back if you are a victim, take these measures to protect yourself from unsolicited calls, texts and emails

Cait Kelly

30, Jan, 2023 @2:00 PM

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‘Abysmal’ number of Australian banks and super funds have policies to mitigate environmental risks: report
ACF report comes as countries at Cop15 prepare global target requiring businesses and financial institutions to reveal how supply chains and portfolios affect nature

Lisa Cox

12, Dec, 2022 @2:00 PM

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Australia’s banks likely to reduce lending to regions and sectors at risk of climate change impacts, regulator says
Apra finds country’s banks may be more vulnerable to economic downturns as they face threefold increase in lending losses

Adam Morton Climate and environment editor

30, Nov, 2022 @8:27 AM

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The money trap: Australian women drag banks to the fight against relentless financial abuse
One woman received 900 threatening messages in the space of a few days, attached to deposits of as little as one cent

Natasha May

26, Nov, 2022 @7:00 PM

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Australia needs a super profits tax – on banks | Satyajit Das
It’s not just energy companies that should be forced to pay back windfall gains to taxpayers

Satyajit Das

21, Nov, 2022 @12:40 AM

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Labor government locks in compensation scheme for financial misconduct victims despite ‘god-like powers’ warnings
Minister for financial services says government’s accountability regime is ‘locked and loaded’ and will not be changed

Paul Karp

27, Oct, 2022 @3:00 PM

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Australian banks hit with payment transfer outage as RBA blames technical error
Reserve bank says system is back up and running on Thursday, and they are working to clear the backlog

Australian Associated Press and Josh Taylor

13, Oct, 2022 @2:52 AM

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Australia’s big four banks face shareholder ire over funding fossil fuels
Activist group Market Forces says continued funding of coal, oil and gas is incompatible with net zero commitments

Ben Butler

11, Oct, 2022 @1:55 AM

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Property prices dropped further in September and falls ‘could accelerate’ again with rate rise
Investors and banks predict RBA will raise cash rate further on Tuesday, while rent increases begin to slow around Australia

Peter Hannam

02, Oct, 2022 @9:33 PM

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Australia’s financial sector will pay customers $7.2bn for wrongdoing, regulator says
Australian Securities and Investments Commission issues guide for paying compensation and tells companies to pay up quickly

Ben Butler

27, Sep, 2022 @6:04 AM

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CEOs of Australia’s top 20 companies given nine times the pay rise of full-time workers
Australia Institute urges 60% income tax on earnings above $1m a year

Ben Butler and Nick Evershed

14, Sep, 2022 @5:30 PM

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