Banking giant NAB cuts 3-year fixed mortgage rate
One of Australia’s biggest banks has just delivered a surprise gift to home hunters struggling to lock down a home of their own. NAB, the $115bn behemoth, has cut its …
Banking
ASX200 slips on US chaos, mining woes during July 22, 2024 trading day
The local sharemarket fell on Monday on the back of Friday’s CrowdStrike chaos, escalating uncertainty around the US presidential election and an extended slump in the heavyweight mining sector. The …
ASX200 tumbles after shock inflation data
The Australian sharemarket tumbled lower on Wednesday after an elevated inflation print renewed fears of possible rate hikes. The benchmark ASX200 fell 55.8 points, or 0.7 per cent, to close …
Wife reveals Julian Assange’s next moves after he steps foot on Australian soil for the first time in 15 years
The wife of Wikileaks founder Julian Assange has revealed what her husband will do after he touched down on Australian soil as a free man for the first time in …
Mobile wallet payments overtake ATM cash withdrawals amid digital banking boom: ABA report
Payments made using mobile wallets have overtaken ATM cash withdrawals for the first time ever, according to a new Australian Banking Association survey, in yet another sign of the digital …
Rate hike risk grows amid inflation acceleration
Household borrowers could be forced to stomach another rate hike as soon as August after fresh figures showed inflation surged higher last month, underlining the Reserve Bank’s struggle to contain …
ASX200 rises on iron ore and oil price rebound, banking rally
The Australian sharemarket notched a powerful rebound rally on Tuesday, propelled by a pop in iron ore and oil prices and a surge in financials led by behemoth Commonwealth Bank. …
Westpac sanctioned for sudden closure of branch in remote area leaving vulnerable customers stranded
Westpac have been publicly sanctioned for the sudden closure of a branch in a remote part of the Northern Territory, leaving vulnerable customers without access to their money or banking …
ASX200 rises on iron ore and oil price rebound, banking rally
The Australian sharemarket notched a powerful rebound rally on Tuesday, propelled by a pop in iron ore and oil prices and a surge in financials led by behemoth Commonwealth Bank. …
Westpac sanctioned over Tennant Creek bank closure, threatening safety of locals
Westpac exposed its customers to a “high risk of harm” when it suddenly closed an outback branch, leaving hundreds of people to rely on a local charity to access cash, …