Banking

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Greens accuse Labor and Coalition of ‘race to the bottom’ over migration bill – as it happened
This blog is now closed.

Jordyn Beazley and Emily Wind (earlier)

05, Dec, 2023 @7:04 AM

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Westpac suffers online banking outage with customers shut out of accounts
People unable to view statements, pay bills or use credit cards after a problem during what the bank called a ‘technology update’

Martin Farrer

04, Dec, 2023 @6:46 PM

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Australian banks buckle to pressure over scams and vow to block transfers to suspect accounts
Consumer groups have long lobbied for institutions to crack down on scams by rejecting transfers if name and bank details of recipient don’t match

Cait Kelly

24, Nov, 2023 @12:11 AM

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BoM provides El Niño update – as it happened
This blog is now closed

Daisy Dumas and Emily Wind (earlier)

21, Nov, 2023 @7:25 AM

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RECORD PROFITS! You could have used that money to buy groceries but no a CEO is licking it | First Dog on the Moon
Isn’t there a cost of living crisis?!

First Dog on the Moon

20, Nov, 2023 @6:11 AM

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Tim was scammed out of $222,000. He says the bank should have to give his money back
A group of victims say the onus is wrongly being put on Australians to protect themselves from increasingly sophisticated scams

Jordyn Beazley

15, Nov, 2023 @1:46 AM

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I listed boots for sale online and was scammed out of $1,000. It could happen to you | Lindy Ralph
I thought I was tech-savvy enough not to click on links I shouldn’t. But in the end I was too trusting

Lindy Ralph

12, Nov, 2023 @2:00 PM

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Almost half of Australian mortgage holders under financial stress as RBA tipped to raise rates again
Record level of stressed households as all but four of 39 economists in survey tip Melbourne Cup Day hike

Peter Hannam Economics correspondent

06, Nov, 2023 @2:00 PM

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Westpac’s profit jump is no surprise when the RBA favours banks over households | John Quiggin
Further hiking of interest rates to meet a 2-3% inflation target will serve to enhance the financial sector, not consumers doing it tough

John Quiggin

06, Nov, 2023 @3:36 AM

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Australia’s banks face unprecedented wave of threats, RBA warns
A rush on withdrawals among the possible dangers as sector likely to see risks with ‘a different complexion’ in coming decade, assistant governor says

Peter Hannam

31, Oct, 2023 @12:44 AM

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Banks have only passed on three-quarters of interest rate rises to depositors, RBA says
Increase compares favourably with New Zealand and the US, Reserve Bank assistant governor says

Peter Hannam

11, Oct, 2023 @1:01 AM

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A crypto firm sent a disability worker $10m by mistake. Months later she was arrested at an Australian airport
Crypto.com made global headlines for a multimillion-dollar error that went unspotted for months. A court case reveals how it all went wrong

Josh Taylor

24, Sep, 2023 @12:00 AM

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