Commonwealth bank slashes fixed and variable rates
Commonwealth Bank has moved to slash fixed and variable rates in line with other lenders. Owner-occupier and investor fixed rates at the major bank have reportedly dropped by up to …
Banking
Journalist Lisa Millar departs from ABC News Breakfast
The shock departure of ABC managing director David Anderson has unintentionally “upstaged” another big change at the public broadcaster, with the news engulfing the final day legendary journalist Lisa Millar …
ASX200 notches 10th consecutive gain on mining rebound
The local sharemarket advanced for a 10th consecutive session on Thursday, marking the longest uninterrupted winning streak in stocks since 2015. The benchmark ASX200 lifted 16.5 points, or 0.21 per …
ASX200 notches 10th consecutive gain on mining rebound
The local sharemarket advanced for a 10th consecutive session on Thursday, marking the longest uninterrupted winning streak in stocks since 2015. The benchmark ASX200 lifted 16.5 points, or 0.21 per …
NAB customers ‘thrown out’ of bank accounts amid ‘technical issues’
Big four bank NAB has been struck by major outages for the second time in two months, with customers reporting problems with internet and mobile services. User reports made to …
Bank of Queensland to sack 400 workers as digital move makes branches ‘no longer sustainable’
Bank of Queensland has confirmed mass redundancies, announcing the departure of 400 staff as it concedes its long-serving retail banking operation is “no longer sustainable”. The Brisbane-headquartered company will take …
Deloitte reports stagnant private sector jobs growth in Australia
Private sector job growth is stagnant in Australia, a leading economic forecaster has revealed, as warning signs continue to mount about the sputtering health of the economy. Deloitte Access Economics’ …
Commonwealth Bank details $350m cost of keeping cash in branches
Australia’s largest bank has revealed it’s spending hundreds of millions each year to keep cash available across its branches and ATMs. In its latest annual results presentation, Commonwealth Bank announced …
BHP in discussions with Indonesian government on nickel: Reports
Mining giant BHP is reportedly in discussions with the Indonesian government about the southeast Asian nation’s sprawling nickel industry as it shutters its own vast nickel operations in WA. Meidy …
Property developer Dexus posts $1.5bn loss, real estate mutes ASX gains
The Australian materials sector has snapped a six-day losing streak on the back of bargain-hunting in the big miners. The ASX200 closed at its highest mark since August 1 on …