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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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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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Working from home: major Australian employers respond to latest Covid health advice
Telstra and Westpac advise staff to work from home if possible while government departments are yet to shift work settings

Josh Butler and Rafqa Touma

20, Jul, 2022 @8:36 AM

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Australia’s big banks reject Nationals’ claims managing climate risk is ‘virtue signalling’
Major banks say Australia’s international trading partners require the sector to identify and disclose climate risk on their balance sheets

Katharine Murphy Political editor

20, May, 2021 @5:30 PM

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ANZ to stop lending to Australia's biggest coal port over its exposure to fossil fuels
NAB to step in to help Port of Newcastle refinance under agreement reported to bind it to reducing carbon emissions

Ben Butler and Adam Morton

09, Feb, 2021 @8:15 AM

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Nationals call for ANZ boycott after bank's push for net zero emissions
Bank says it will stop lending to its largest customers unless businesses have carbon transition plans

Elias Visontay

29, Oct, 2020 @6:28 AM

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Watchdog oversees $160m in payouts from Australian banks that sold junk insurance
Eleven lenders are compensating more than 434,000 customers after selling them insurance they couldn’t use

Ben Butler

13, May, 2020 @5:30 PM

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Westpac to withdraw support for thermal coalmining after 2030
Bank says climate change is a financial risk and addressing use of fossil fuels will create opportunities

Adam Morton Environment editor with AAP

04, May, 2020 @5:38 AM

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Australian stock market: mayhem as ASX200 tumbles 9.7% on coronavirus fears
In biggest one-day fall in decades, 30% of the value of shares has been wiped from the index in less than a month due to coronavirus-inspired panic selling

Ben Butler

16, Mar, 2020 @6:17 AM

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Bushfire survivors join claim against ANZ for financing climate crisis
Three survivors joined Friends of the Earth to accuse ANZ of misleading consumers by investing in fossil fuel projects

Adam Morton Environment editor

30, Jan, 2020 @7:47 AM

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ANZ bank reveals it is reviewing its anti-money-laundering systems amid Westpac scandal
The big four bank says it launched an internal investigation in June and has found no material issues so far

Ben Butler

27, Nov, 2019 @3:54 AM

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ANZ bank to pay $682m to customers it ripped off over 10 years
Charge increases pressure on Westpac to reveal whether its compensation costs have risen

Ben Butler

07, Oct, 2019 @11:54 PM

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