Keyword "Commonwealth Bank of Australia" - List of latest news (361 results)

07:08 ‘Most expensive in world history’: CBA stuns

While the world writhes in economic turmoil not seen in years due to Donald Trump’s protectionist agenda, something unusual is happening here in Australia.

16/04 New share-trade drama ignites for Peter Dutton over BHP shares sell-off

Peter Dutton has revealed another astute share trading move confirming he dumped his BHP shares in 2008 two days before the mining giant slashed 3,300 jobs.

13/04 Dutton WFH backflip highlights divide

Peter Dutton’s backflip on working from home has further entrenched the issue with the general public, as the gap between worker and employer expectations continues to widen, new research finds.

10/04 Aussie stocks soar on Trump tariff backdown

An exuberant relief rally added $116bn in value to the Australian sharemarket on Thursday following US President Donald Trump’s decision to pull back from a sharpening global trade war.

04/04 Alarming interest rate prediction emerges

ANALYSIS

03/04 Trump tariff barrage wipes out Aussie shares

US President Donald Trump’s barrage of tariffs on the world’s major economies pushed the Australian sharemarket into a sea of red on Thursday, as investors confronted the stark reality of an escalating breakdown in global trade.

31/03 ‘We’ll remove it’: Dutton to reset lending rules

D-Day has arrived over the fate of an election campaign rate cut, with Peter Dutton set to unveil new policies to make it easier to enter the housing market without help from “the Bank of Mum and Dad.”

22/03 ‘Completely blindsided’: Shock figure boosts hopes of April rate cut

A steep decline in employment figures over the past month has raised prospects the Reserve Bank could cut rates as early as April, economists say.

19/03 ‘Sheer stupidity’: Australia embarrasses US

ANALYSIS

17/03 ASX soars on possible US rate cut

A positive tone was set for the Australian sharemarket on Monday, with investors buying into stocks after the US Federal Reserve indicated another possible rate cut.

03/03 Peter Dutton announced share sale on day Kevin Rudd warned of a ‘national economic emergency’

Peter Dutton disclosed to Parliament that he had dumped his Commonwealth Bank shares on the same day that Kevin Rudd announced a $42 billion stimulus package, warning that Australia was “facing an unfolding national and international economic emergency.”

20/02 Shock RBA move could change everything

ANALYSISThe Reserve Bank of Australia could still have a whole bag full of rate cuts to dole out in 2025, according to a new analysis that has major implications for the housing market.

20/02 CBA, Fortescue lead ASX to five week low

A sell-off in banks and miners saw the Aussie sharemarket fall for the fourth consecutive trading period on Thursday, to a five-week low.

19/02 ASX drops on NAB, MinRes earnings miss

Company results released on Wednesday as part of reporting season once again disappointed the market, with heavyweights NAB and Mineral Resources dragging the market down.

18/02 ASX tumbles despite RBA cut

The Australian stock market declined for a second consecutive session on Tuesday as oil and gas giant Woodside Energy booked another tumble, the big banks continued to fall sharply and the RBA struck a note of caution following its decision to cut interest rates.

14/02 How homeowners are allowing banks to rip them off by up to $10,000 a year

Homeowners are blindly allowing the banks to rip them off by up to $10,000 a year by failing to shop around for a better interest rate.

13/02 Predicted cuts to bring meagre relief for Aussies after years of interest rates hell

Homeowners have been slugged a whopping $54,000 in extra repayments on their mortgages in Sydney as a result of interest rate rises since the election of the Albanese Government but can only expect relief of around $115 a month if the RBA cuts rates next week.

12/02 ‘Just stop’: Pathetic Kerr reality exposed

OPINION

09/02 ‘Economic calamity’ just months away

ANALYSIS

09/02 Money markets huge rates call

The money markets say there is a 93 per cent chance Aussies will start getting mortgage relief when the Reserve Bank of Australia meets in February.

07/02 ‘Odds-on favourite’: Huge interest rates call

ANALYSISSince the Reserve Bank of Australia first started raising interest rates in May 2022, it has been an absolute rollercoaster ride of wildly unexpected twists and turns.

31/01 Mum-and-dad business facing ‘horrifying’ reality after ‘devastating’ bank move

When a phone call came through from Matt McKell’s bank alerting him to almost $7000 in fraudulent transactions on his credit card, he had no idea he would later be blamed for scammers stealing his money.

30/01 Bus driver’s horror 10-day scam ordeal

A Sydney dad has been left fuming after his bank blamed him for a scammer’s $12,000 spending spree and refused to refund him.

29/01 Albo shares candid adoption story

Anthony Albanese has revealed his mother had initially planned on giving him up for adoption after she gave birth to him out of wedlock.

21/01 ASX jumps after volatile day of trading

The Australian sharemarket closed at a six week high on Tuesday on a volatile trading day after President Trump’s inauguration.

20/01 ASX soars on Trump’s inauguration

The Australian sharemarket and dollar are trading higher on Monday, as investors weigh up the impact of President Donald Trump’s return to the White House.

19/01 It will be at least a year until Australians get some relief from the cost-of-living crisis, experts warn

From the dollar recently falling to a near five-year low to social media posts about both the cost of eating out and grocery shopping consistently going viral, Aussies are desperate to know if the cost of living is going to ease up this year.

15/01 Big bank doubling down on rates cut hope

One of Australia’s big four banks is doubling down on its prediction the Reserve Bank will cut the official cash rate next month after a drop in household spending.

12/01 ‘Getting painful’: Fears as Aussie dollar tanks

Well, we all got $100 poorer over Christmas.

10/01 What sparked Aussie dad’s aeroplane bomb hoax

An Australian man who brought the country’s busiest international airport to a standstill after he falsely claimed to be carrying a bomb quit his job and bought a one-way plane ticket in a “rapid descent into a psychotic state”, court documents reveal.

07/01 ‘Darker purpose’: Big claim on $2.50 cash fee

A major Australian bank’s controversial fee which is set to slug customers $2.50 for needing assistance to access their own cash is the result of a lack of regulation, experts say.

03/01 Surprising reason for ASX’s sudden spike

An unexpected business partnership breakdown saw shares in a commodity rise, helping to guide the Aussie market higher and offsetting weakness out of the US.

02/01 ASX surges on first day of trading for 2025

The Australian sharemarket rose on the first day of trading in 2025, despite futures markets falling 1 per cent before the opening bell on Thursday.

29/12 Slither of hope for first home buyers

First-home buyers might get a brief window of opportunity to buy in a depressed market before interest rate cuts spur on housing growth in the second half of 2025.

22/12 ‘Crash risk’: Almost 700,000 Teslas recalled after fault detected

Tesla has recalled almost 700,000 cars after a potentially deadly fault was discovered.

22/12 ‘Dishonest’: Fury over Amazon's RTO plan

Retail giant Amazon is facing heat after it ordered thousands of workers back to the office – only to perform a massive backflip upon discovering there isn’t enough room for everyone.

20/12 CBA smashed in $42b Aussie meltdown

Commonwealth Bank has clearly been on Santa’s naughty list — as the nation’s biggest bank was hammered on the Aussie stock market on Friday.

19/12 Bali Nine members touch down in home states

The remaining members of the Bali Nine are returning to their home states for the first time following their transfer from an Indonesian prison.

18/12 How budget blowout could affect rate cut

The splurge in government spending is unlikely to impact the Reserve Bank forecasts, according to a major bank who has called for rate cuts in the new year.

12/12 ‘Stuffing up everything’: Experts turn on RBA

When will these accursed rate cuts come?

12/12 Eerie question costs man $5k

A banker lost $5000 to scammers after the criminal asked him one simple request — and he complied.

12/12 ‘Disgusting’: Truth behind YesMadam’s ‘mass firing’ email

The truth behind an email declaring staff had been fired after indicating they were “stressed” in a wellbeing work survey has caused even more outrage.

11/12 Aussie’s tears after bank’s $24k screw up

Brendan McKean was literally on the phone to his bank as an online scammer was draining his account of his life savings.

05/12 Surprise reason for Aussie spending jump

Figures released by the Australian Bureau of Statistics (ABS) reveal household spending increased by 0.8 per cent month-on-month - with spending on Aussie concerts and sporting events leading the way.

04/12 Truth behind CBA’s six-month $3 fee ‘pause’

OPINION

04/12 TV host torches CommBank after backflip

A Current Affair host Ally Langdon has doubled down on her criticism of Commonwealth Bank after her tense interview with executive Angus Sullivan prompted an overnight backflip.

04/12 CommBank’s ‘change’ after fee fury

The Commonwealth Bank will “change its approach” after its plan to charge some customers $3 to withdraw cash from a branch sparked national fury.

03/12 CommBank exec grilled over fee: ‘Pathetic’

Ally Langdon took a CommBank executive to task on Tuesday night over the bank’s controversial decision to charge customers to withdraw their own cash.

08/10 NAB cuts fixed home loan rates by up to 0.65 per cent in major lending shake-up

National Australia Bank (NAB) has cut its fixed home loan rates by up to 0.65 percentage points in a major lending shake-up.

26/09 Aussie shares snap three-day losing streak

The local sharemarket ripped higher on Thursday to snap a three-day losing streak with consumer stocks leading the frothy rebound.

26/09 Three quarters of Amazon workers looking for another job after huge WFH call

Tech giant Amazon is facing an exodus — with three in four of its corporate staff members threatening to walk out since the CEO of Amazon told employees the working from home era is over.

25/09 Big miners drag Aussie shares higher

The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled and investors turned to mining.

24/09 Aussie shares dip on hawkish Bullock

It was a tale of two central banks on Tuesday as investors digested hawkish rhetoric from the Reserve Bank of Australia on inflation and interest rates and fresh support measures from the People’s Bank of China.

24/09 ‘Create their own rate cut’: Kochie urges borrowers to consider breaking up with their bank

Homeowners struggling after missing out on a rate cut from the Reserve Bank have been urged to “create their own rate cut” by dumping current lenders for a better deal.

18/09 Aussie shares slip before pivotal Fed moment

The local sharemarket traded flat on Wednesday as investors stepped cautiously ahead of Thursday morning’s highly anticipated US interest rate decision and the release of Australian jobs data.

18/09 Thousands of jobs on the line in bank’s big AI play

One of Australia’s biggest banks is reportedly trialling a ChatGPT-style AI chat bot that could soon replace thousands of local call centre staff.

17/09 Fresh record as Aussie shares rally again

The sharemarket’s rate cut rally extended for a fourth session on Tuesday, with the local bourse notching another record closing high as investors firm on a “jumbo” 50 basis point cut from the US Federal Reserve.

16/09 Aussie shares hit record high on rate cut rally

The local sharemarket bounced to a new record high on Monday as investor confidence courses through markets ahead of Thursday’s widely anticipated interest rate cut in the US.

20/08 New Zealand promises banking shake-up after watchdog finds the sector lacks competition

New Zealand vows to revamp consumer banking after a watchdog found weak competition, suggesting steps like boosting state-owned Kiwibank's capital.

06/05 Interest rates to rise again in 2024 warn economists

Homeowners are nervously waiting to see if their mortgage repayments will jump again as economists warn that interest rates could be hiked.

03/05 The RBA warning Australians will be issued

As high interest rates bite millions of homeowners and the spectre of inflation still making itself felt at the checkout, Australians will be keen to know what is going through Michele Bullock’s mind.

02/05 ASX rises on US Fed, NAB relief

The sharemarket notched a ‘tepid bounce’ on Thursday as positive half-year results from NAB lifted the banks and investors digested rates guidance from the US Federal Reserve.

02/05 Restaurant chain collapses owing $23m

A fine dining restaurant chain has collapsed with debts of about $23 million, leaving 200 jobs teetering on the brink.

02/05 US issues rates warning nobody wanted

In a move that could signal further disappointing news for homeowners here in Australia, our friends across the Pacific have signalled that high interest rates and inflation could be here for longer than expected.

01/05 ASX sinks on Wall St sell-off, Fed fears

The Australian sharemarket slumped on Wednesday after hotter-than-expected US labour data sparked a sharp sell-off on Wall St overnight.

01/05 Force the nation into recession, Aussies urged

Aussies are being urged to stop splashing cash on “Netflix, flat-whites, movies and eating out” to trigger a “DIY recession” that will save us from years of pain.

01/05 ‘Panic-shift’: RBA rate call not what it seems

ANALYSIS

30/04 Stocks inch higher on depressed retail sales

The Australian sharemarket inched higher on Tuesday after a surprise slump in retail sales allayed fears of possible Reseve Bank rate hikes.

30/04 CBA makes call no Aussie wants to hear

The Commonwealth Bank of Australia (CBA) has made a devastating new prediction for Aussie homeowners.

24/04 Family’s shock at 10.6 per cent interest rate on mortgage

When Mark Davies saw the interest rate on his mortgage “explode” to a whopping 10.62 per cent as rates skyrocketed, he felt “devastated”.

23/04 Aussies slugged $13,890 in income tax

Australians were slugged a combined $304.8bn in Commonwealth income tax payments in the year to June 2023, its highest level ever, with revenue gushing into Treasury coffers due to near-record low unemployment, elevated wages growth and bracket creep.

17/04 ASX flat on new inflation narrative

The Australian sharemarket edged lower on Wednesday, giving up an intraday bounce as investors accepted a “higher for longer” narrative on inflation and interest rates.

16/04 Bourse tumbles as stocks follow Wall St

Australian shares followed Wall Street sharply lower on Tuesday after hot US retail sales data pushed traders to scale back their rate cut bets and fears of escalating tensions in the Middle East weighed on markets.

11/04 Shock US inflation derails rate cut hopes

Traders have slashed their bets on the timing of rate cuts by the Reserve Bank after fresh data released overnight showed stubborn inflationary pressures in the United States persisted through March, derailing hopes of rate cuts by June from its own central bank.

10/04 New ‘rentvest’ trend taking over property

As explosive house price growth continues to burn through Australia’s major cities, a shrewd new trend is taking hold that allows home buyers to get their foot on the property ladder without sacrificing an up-market lifestyle.

10/04 Tourists warned about big Bali scam

A woman was deported from Bali for installing skimming devices on ATMs across popular resorts, with Aussie tourists warned to stay cautious when using cash machines.

04/04 Warning to online banking customers

A Commonwealth Bank online customer has urged others to update their passwords after a possible attempted hack.

02/04 Aussie banks on ‘backfoot’ in scam fight

Australian banks are hampered by muddled troves of data in their pursuit of protecting customers from scams, a leading Australian and New Zealand tech company says.

02/04 Big spenders of Voice campaign revealed

The Yes campaign spent nearly $55m on the failed Voice to Parliament referendum, newly released financial disclosures reveal, more than twice the expenditure of the No campaign.

28/03 Retail spending benefits from Swift lift

Taylor Swift mania buoyed retail trade through February after the international pop megastar’s seven sold-out arena concerts in Melbourne and Sydney bolstered spending on eating out, clothing and merchandise.

24/03 The year Australians will finally get a decent pay rise

Today’s challenging economic times have exacerbated generational fault lines to a degree arguably not seen since the 1970s.

19/03 ASX up as miners surge higher

A surging mining sector pushed the Australian sharemarket higher on Tuesday, even as the Reserve Bank warned further interest rate rises were still possible as the Board battled to return inflation to a two to three per cent target band.

18/03 ASX edges higher ahead of March rates call

Australian shares edged higher on Monday as the benchmark was dragged lower by a sharp sell-off in real estate stocks, ahead of a run of key central bank decisions.

17/03 Innocent dad loses entire life savings in sophisticated email scam: ‘Nothing left’

A devastated Aussie dad has revealed how he lost his entire life savings after opening one simple email.

13/03 Aussie bank hikes interest rates

An Australian bank has hiked interest rates for fixed and variable mortgages, days before the RBA convenes for its March meeting.

13/03 Chalmers issues budget warning

Households hoping for additional cost of living relief in the May budget could be disappointed with Treasurer Jim Chalmers set to hose down expectations of cash splash due to weaker revenue windfalls.

12/03 ‘Urgent’: Big four bank app down

Commonwealth Bank customers are fuming after the Netbank app went down on Tuesday night.

12/03 Woman to lose everything over $448k bungle

EXCLUSIVE

09/03 Latest rate hike ‘overkill’, economist warn

The Reserve Bank’s November rate hike was “overkill”, economists have cautioned, after fresh GDP data revealed a sharp decline in household spending on non-essential items such as cars, clothes and eating out in the final three months of 2023

08/03 ASX surges to reset record as banks rally

Buoyed by the big four banks, which soared to record or multi-year highs, Australian shares reset their records to close the week as traders bolstered their bets of rate cuts through the second half of 2024.

07/03 ASX resets record close

Australian shares rallied to a record close on Thursday as the big four banks bolstered the benchmark, with the Commonwealth Bank hitting a high.

07/03 Demand for bank to explain branch closures

Bankwest is being called upon to explain before a senate committee why it has decided to close 45 branches in Western Australia as the bank embraces a more digital space.

06/03 ASX rebounds as financials rally

Australian shares rebounded on Wednesday as the financials sector managed to pare back sharp losses in tech stocks.

06/03 Aussie bank to close all 60 branches

Bankwest is set to close all of its branches by October as the company transitions to a solely digital bank service.

01/03 ASX resets record high

The ASX200 closed at a record high on Friday, echoing an impressive run on Wall Street and supported by positive manufacturing data out of China.

29/02 Big reason rate cuts could be delayed

ANALYSIS

26/02 Senator’s extraordinary gender pay gap spray

National MPs Matt Canavan has dumped on the decision to publish pay gap data complaining that it will hurt men’s feelings so much it will send them into the arms of Andrew Tate who has described women as “dumb hoes.”

15/02 Coles shock cash move rocks community

Bank closures in regional Australia have increased the demand for cash-out at supermarkets, but one supermarket giant is fighting back.

15/02 ‘2025’: CommBank’s dire new rates prediction

The Reserve Bank may not cut rates until next year in the face of persistent inflation, the chief executive of Commonwealth Bank has warned.

14/02 ASX marred by cost of living pressures

The Australian sharemarket fell for the third day in a row as major banks warn Aussies about the ongoing cost of living pressures.

09/02 Cruel truth behind vanishing bank branches

The rapid transition towards a digital banking society is picking up speed, with a string of branch closures in major cities marking an important shift in the priorities of Australia’s biggest banks.

08/02 Glaring problem if nation goes cashless

The humiliation of not having enough money in your pocket to make a purchase is gradually being replaced with the embarrassment of not having a debit or credit card to buy a product as more establishments become cashless.

08/02 Anthony Albanese grilled over six-figure rental income amid house crisis

Landlord Anthony Albanese is under fire over the $115,000-a-year in rental income he is pulling in on top of his salary as Prime Minister, as interest rates soar for struggling families.

07/02 ‘Tempted to stop’: Billionaire’s Sydney threat

Billionaire property developer Harry Triguboff has warned he’s “tempted to stop” building apartments in Sydney due to planning delays, as he predicts the government’s efforts to boost supply through rezoning will fail and the housing crisis will only get worse.

07/02 ‘Control of your life’: Katter blasts cash ban

Bob Katter has lashed out at the federal government after his cash was rejected at a popular cafe inside Canberra’s Parliament House.

06/02 Unlikely state crowned best in Australia economically

South Australia is outperforming the rest of Australia financially for the first time in 15 years.

05/02 ‘No end in sight’ for widespread Aussie crisis

There is no real end in sight for the housing crisis, according to a report into Australia’s dire housing situation.

02/02 Craig Hutchison sells $1.5m worth of shares in sporting teams as debt drama continues

Craig Hutchison has reportedly sold off a stake in his Sports Entertainment Group (SEG) sports business, a portfolio including the NBL’s Perth Wildcats and the new Melbourne Mavericks Super Netball team.

02/02 All the bank closures in Australia: Wild statistic shows push towards cashless

Commonwealth Bank of Australia (CBA) has closed a staggering 354 branches and 2297 ATMs in the past five years, with plans to shut down more in the coming weeks.

02/02 Huge prediction on interest rates

Reserve Bank governor Michele Bullock isn’t ready to cut interest rates just yet.

01/02 ASX dives as Fed tempers rate cut calls

The share market snapped its eight-day winning streak on Thursday, tumbling from its record-high after it was weighed down by a flurry of profit-taking and Federal Reserve chair Jerome Powell all but guaranteed US rates would not be cut in March.

01/02 Bank’s shocking house price prediction

Australian house prices are set to reach record heights this year, according to the biggest bank in the country.

29/01 Australian bank shuts branches to go ‘almost solely digital’

A major Australian bank has shut another three branches in its pursuit of an “almost solely digital” future.

22/01 ASX post gain as Zip zips

The Australian share market closed higher on Monday following a positive lead from Wall Street on Friday which pushed the US benchmark, S&P500, to a record high.

20/01 More firms adopt ‘woke’ Australia Day stance

The number of companies giving the staff the option to take an alternative day off instead of Australia Day continues to grow, as debate rages about the increasingly controversial public holiday.

19/01 Blockchain start-up backed by major banks collapses into liquidation owing $14 million

EXCLUSIVE

18/01 Property guru’s one simple tip in 2024

Eager homebuyers should dodge shiny new developments and look to solid, safe investments 1960s and 70s red brick units, a property expert has warned.

16/01 ‘Immediately’: Banks’ major customer warning

A warning has been issued by Commonwealth Bank amid a mass text message scam purporting to be a “security alert” asking people to secure their account.

15/01 Aussies shun Xmas spending for Black Friday

Aussies are opting to do their Christmas shopping early rather than wait until December with fresh data cementing the impact of Black Friday sales on spending habits.

14/01 Baby Boomer ‘fact’ everyone gets wrong

Over the past 12 months there has been a great deal of coverage of how older demographics – aka Baby Boomers – are the last remaining driver of per capita consumer spending and disproportionately contributing to inflation.

11/01 Popular Aussie brand saved after collapse

Well-known Aussie personal care brand Sukin has been bought by a company owned by its former CEO.

11/01 ASX rises as banks, tech rally

The Australian share market posted solid gains on Thursdays after highly anticipated approvals were granted to bitcoin exchange-traded funds in the United States.

09/01 ASX snaps four-day losing streak

Australian shares posted solid gains on Tuesday, easing traders’ fears following a rough start to the year.

09/01 New home approvals hit fresh decade low

Building approvals have sunk to their lowest level in more than a decade, as the soaring cost for materials, land, finance and labour stifle the construction of new homes.

09/01 Sign our work from home trend is over

Australian workplaces are set to force their employees back to the office in greater numbers this year, despite the recent rise of “hybrid” arrangements that have people frequently working from home.

09/01 The Great Australian Dream of homeownership has become a nightmare for millions – and is only set to get worse

The so-called ‘Great Australian Dream’ of owning your own home has become a nightmare for millions of people – and is only set to get worse this year.

02/01 Big RBA call splitting economists

Economists remain divided over the Reserve Bank’s next move on interest rates.

02/01 ‘Historically bad’: Bleak warning for Aussies about a bumpy economic ride in the year ahead

Australians have been warned to brace for a rough year ahead, with a range of economic forecasts painting a picture of uncertainty, instability and a “bumpy” road.

01/01 Shock outlook for Australia’s property markets in 2024

Despite record-high home prices, a painful cost-of-living crisis, the potential for further interest rate hikes and uncertainty about the domestic and global economies, experts have delivered a surprising outlook for Australia’s property markets in the year ahead.

01/01 The RBA is expected to deliver interest rate cuts in 2024 in good news for millions for Aussies

Economists and financial markets are betting on 2024 to bring long-awaited relief to millions of Aussies in the form of falling interest rates.

21/12 Bosses give up on ending WFH

It seems the WFH war is over, with Aussie bosses ditching a push to bring staff back into the office.

21/12 CommBank chief’s huge rates call

After a year in which Aussies were hampered with interest rate rises and high cost of living pressures, the economic outlook for 2024 could bring some much needed relief.

18/12 Mum ignored calls after $10m crypto ‘mistake’

A Melbourne cryptocurrency enthusiast told police he “honestly believed” he’d won an online competition when $10 million landed in his partner’s bank account, a court has been told.

17/12 Wild amount influencers paid for Aussie holiday

Three social media influencers, each with millions of followers, have been paid about $90k between them to visit Australia and post about their experiences.

17/12 Influencers paid $90k to visit Australia

Three social media influencers, with eye-watering amounts of eager followers, have been paid about $90k between them to visit Australia and post about their experiences.

17/12 Woman loses $40k in minutes after getting a simple text

A woman who lost $40,000 after getting a simple text, even though she called her bank fearing it was a scam, has issued a blunt warning to other Aussies.

15/12 Bank’s surprise gift to homeowners

A subsidiary of Australia’s biggest bank has delivered a surprise gift to prospective homeowners just two weeks before Christmas.

10/12 Aussie loses $50k after seemingly innocent text

A Sydney man has been left “traumatised” after he was scammed out of $50,000 for falling for what appeared to be an innocent text from his bank.

08/12 ‘No longer’: ANZ ditch cash in some branches

EXCLUSIVE

07/12 Miraculous turnaround on ASX

The Australian share market has kept up with Wednesday’s leap in prices, managing to maintain its level despite an early loss in energy shares.

06/12 Sneaky way Aussies are securing home loans

More and more Aussies are lying on their home loan applications, as cost-of-living pressures continue to bite, according to one financial tech company.

06/12 ASX surges as traders bet on rate cuts

The Australian share market soared on Wednesday with the benchmark posting its biggest daily gain in more than a year on hopes that the Reserve Bank is done raising rates.

05/12 Expect Feb rate hike, economists warn

Battling borrowers have received an early Christmas gift from Reserve Bank governor Michele Bullock, but economists have warned the reprieve may be short-lived.

05/12 CommBank and Vodafone team up to fight SMS scams

EXCLUSIVE

04/12 ATO forces celebrity beauty business in administration

EXCLUSIVE

30/11 Major bank to close regional branches

National Australia Bank will close five branches across the country in early 2024, the bank has confirmed.

28/11 Eye-watering reality of online scams

Banking giant NAB received more than 850,000 calls last year from customers concerned about scams and online fraud, new data has revealed.

27/11 Bank customers ‘punished’ by high fees for service

EXCLUSIVE

25/11 Finance guru’s chilling warning to Australia

NAB has increased its fixed term rates just hours after its chief economist issued a chilling warning of another interest rate hike in 2024.

24/11 Bunnings tops 2023 customer excellence rankings: Supermarkets and big banks left behind

Australian shoppers have bypassed the nation’s largest supermarkets and banking institutions, with major supermarket chains and the big four banks absent from the list of 2023’s top brands for customer excellence.

23/11 ‘Entitled’: Proof WFH ‘holiday’ is over

OPINION

23/11 Hutchy’s SEN sells Kiwi stations back to owner over millions in debt

Craig Hutchison’s SEN has reportedly sold off the New Zealand radio stations it bought just two years ago in an effort to reduce debt.

21/11 ASX climbs despite grim rates warning

The Australian share market rose on Tuesday as traders shrugged off the release of new Reserve Bank board minutes which showed it was prepared to hike interest rates again.

21/11 New data shows Gen Z and Millennials cutting back on essentials as Boomers indulge

A new report has revealed that Baby Boomers are on a spending spree, with travel and dining out leading their indulgences, while younger Australians are cutting back on essentials as rent and mortgage costs soar.

20/11 Gladys Berejiklian among Optus CEO contenders

With Optus boss Kelly Bayer Rosmarin calling it quits after overseeing two major crises in just 13 months, the global search to replace her has begun.

17/11 ASX drops as oil plunges

The Australian share market edged lower on Friday after energy stocks weighed heavily on the benchmark as oil prices plummeted overnight on fears of falling US and Chinese demand.

17/11 Big change to Aussie Christmas

Retailers are hoping for a lucrative festive season with businesses offering significant discounts in the lead up to the Black Friday sales period a bid to attract shoppers on the hunt for a bargain.

15/11 Media mogul’s empire slips further towards the brink

Media mogul Craig Hutchison’s empire has taken another hit with reports claiming new investors are desperately needed to save the radio giant.

14/11 ASX climbs on commodity rally

The Australian share market closed higher on Tuesday following a rebound in commodity prices as traders await an update on US inflation numbers.

13/11 More of jobs to go at CBA tomorrow

Commonwealth Bank (CBA) is set to announce further job losses tomorrow, a source has told news.com.au.

10/11 Proof Baby Boomers have lost their power

In the almost 80 years since the Baby Boomer generation began in 1946, Australia has seen the rise – and now decline – of their power.

09/11 Last Big Bank smacks Aussie homeowners

Australia’s biggest bank has hit Australian homeowners with an interest rate increase, the last of the Big Four to follow the Reserve Bank of Australia’s Melbourne Cup hike on Tuesday.

09/11 ‘It’s a bit much’: Business owner hits back at Optus boss

The fallout from the Optus outage has gone from bad to worse, with comments the telco’s chief executive made about a small business affected by the blackout prompting an accusation that she’s “out of touch”.

08/11 Aussies rage over cashless push amid ‘total disaster’

As the chaos caused by this morning’s Optus outage continues to unfold, outraged Aussies have used the situation as proof a fully cashless society would spell “total disaster” for the country.

08/11 ‘Fault’: No end in sight for Optus blackout

Communications Minister Michelle Rowland has urged for transparency from Optus after confirming a nationwide outrage on Tuesday was caused a deep core fault issue.

02/11 Big problem with Australia’s ‘perfect main street’

Academics have formulated what makes Australia’s “ideal main street”, but one establishment Aussies say is essential is currently vanishing from towns nationwide.

01/11 Big reason WFH staff should be paid less

OPINION

01/11 Kmart slapped with $1.3m fine

Kmart has paid a massive fine after it was found to have breached Australian spam laws in marketing emails to customers.

30/10 Terrifying graph reveals big red flag

Dozens of ASX-listed companies are on the brink of collapse and in need of drastic change to turn things around, with potential investors warned to be on the lookout for ‘zombie’ firms.

28/10 New mortgage cliff risk looms for Aussies

Despite catastrophic predictions of the fixed rate mortgage ‘cliff’ that has generated headlines for months and sowed fears of widespread defaults and increasing arrears, household borrowers have, so far, weathered the interest rate storm.

28/10 Grim reason Aussie interest rates keep rising

Australian households are in the midst one of the most financially difficult periods in our nation’s recent history, as the twin forces of high inflation and the largest rise in relative rates on record combine.

26/10 ‘Low tolerance’: RBA delivers blunt warning

Reserve Bank governor Michele Bullock has maintained the central bank has a “low tolerance” for price pressures to stay higher for longer.

25/10 Uber fined $400k for millions of spam emails

Uber is the latest to cough up big amid a government crackdown aimed at spam marketing, which has so far netted $11 million in fines against companies pestering customers.

24/10 One in 20 borrowers struggling: RBA

Low income households and renters are better off than they were two years ago despite soaring interest rates and the continued cost of living crunch, Reserve Bank governor Michele Bullock has revealed.

23/10 A ‘scary’ Instagram video of Aussie star Hamish Blake has sparked urgent warnings

Beloved personality Hamish Blake has been caught up in a “scary” artificial intelligence-generated deepfake video scam.

19/10 ‘Out of whack’: Bank move enrages MP

A federal Liberal MP has put the Australian banking sector on blast in parliament after he and many of his constituents were locked out of their online accounts.

19/10 Fury as 424 banks, 718 ATMs shut down

New data has seemingly reaffirmed an influential Australian cash advocate’s fears the nation is being “herded” into digital banking against the will of many.

18/10 Generation Z don’t even see cash as ‘real’ money

Cold hard cash is such a foreign concept to Generation Z they don’t even think it is “real” and instead see it like Monopoly money.

17/10 ‘Inevitable’: Australia to be cashless within years

A move to a cashless society is inevitable, according to one expert, who says the change is happening more quickly than most people realise.

15/10 Chalmers signals crypto shake-up

Cryptocurrency exchanges including Coinbase, Kraken, eToro and Swyftx could soon face a regulatory shake-up in a bid to protect investors and offer the sector a legitimacy lifeline.

12/10 ASX flat as health stocks plummet

The Australian share market finished flat on Thursday as the benchmark was dragged lower by heavy losses in health stocks.

09/10 Israel war could see our petrol price soar

Australians are bracing for the possibility of a jump in petrol prices following the outbreak of war in the Middle East between Israel and Palestine.

09/10 Bank slashes nearly 200 jobs

Commonwealth Bank is poised to cut nearly 200 jobs this month, bringing the total job losses at the company to over a thousand in just one year.

05/10 Why Australian cricket shirts are missing major sponsor

With less than three months to go until the start of the home summer of cricket, the Australian men’s cricket team remains without a major shirt sponsor.

04/10 Man led friends to believe he booked a private jet for the best weekend ever — but things were not as they seemed

In scenes akin to the ‘Fyre Festival’ fraud, a young man flew new friends on a private jet for the weekend of their lives — but he was not who they thought he was.

03/10 Greenback keeps on climbing, dollar index at 10-month high

The dollar index, which tracks the unit against six peers, was up 0.13% at 107.16, at its highest since November.

02/10 Miners issue warning on business closures

The proposed shake-up to Australia’s workplace laws is “fundamentally flawed” and risks roping in “millions of Australian workers”, the mining lobby has claimed.

01/10 Two dead at NSW music festivals

Two men in their 20s have died at two music festivals in Sydney.

27/09 Chart every Boomer needs to see

In Australia, there’s one topic that arguably generates the most heated debate of all: the issue of housing.

26/09 Major cash change for big four bank

More Westpac customers will have easier access to their money as bank branches expand their cash transaction options across the country.

26/09 Who will replace Daniel Andrews?

Speculation is rife over who will replace Dan Andrews as Victoria’s Premier, following the surprise resignation announcement from the Labor leader on Tuesday.

25/09 China-related threat spooks ASX

The Australian sharemarket has scraped through Monday to close higher despite China-related losses threatening to bring it to a new low.

24/09 ‘State of shock’: Phone call stuns Sydney eyebrow queen

Eyebrow queen Kristin Fisher has declared that everything is “business as usual” despite owing almost $900,000 in debts to the Australian Taxation Office.

21/09 Keeping cash costs every customer $40

Keeping cash costs every customer around $40 per year even though many no longer use physical currency, CommBank’s chief executive says.

20/09 ‘Make you stay’: Threat to major banks

The bosses of the big four banks are facing a grilling from Senators at an inquiry into rural and regional branch closures, amid accusations they are abandoning country Australia.

18/09 ‘Never been better’: Hutchy responds to bombshell report

Sports media bigwig Craig Hutchison has hit back after revelations his company had fallen into a deep financial hole.

18/09 Perfect storm brewing for Aussie lenders

There is a perfect storm brewing in Australia, the results of which mean more and more borrowers are turning away – or being forced away – from traditional lenders.

18/09 Japan's yen in spotlight ahead of 'live' BOJ meeting

The BOJ's policy meeting on Friday is the highlight of the week in Asia, after Governor Ueda stoked speculation of a move away from ultra-loose policy.

15/09 Australia to be ‘functionally cashless’ by 2025

Australia is rapidly heading towards becoming a “cashless society” as banks crack down on withdrawals, close ATMs and branches and ban cash altogether — with one expert predicting physical money will be completely gone by the end of the decade.

15/09 Big four banks’ move after cash scrapped

The big four banks have reassured customers they will maintain in-branch cash services, following Macquarie Bank’s unprecedented move to phase out cash and cheque services entirely.

15/09 Surprise age group that can’t stop spending

For almost 60 years Australia has had the label ‘The Lucky Country’ attached to its fortunes. And for the vast majority of that period it has been largely representative of Australia’s economic outcomes, from the headline figures all the way down to the average household. But in the years since the global financial crisis, that luck may have extended to the nation’s headline GDP figure, but increa

14/09 Grim reason Aussies returning to big banks

Nearly two million Australian consumers have returned to the big four banks as cost-of-living pressures push them to the perceived “safest option”, new research suggests.

14/09 Craig Hutchison’s Sport Entertainment Network reports $9.2m loss amid huge exec bonuses

Sports media heavyweight Craig Hutchison’s Sports Entertainment Network posted a $9.2m loss last financial year, the Herald Sun reports.

14/09 Bank’s shock move to scrap cash

A major bank has made the shock decision to scrap cash in all of its branches across Australia, in what could be another step towards a cashless society.

11/09 ASX ends four-day losing streak

The share market recovered from early losses to close higher on Monday, the first time in five days, after it was buoyed by gains from the banks and iron ore miners.

09/09 ‘Lying’: Family reacts to $90k bank scandal

Family and friends have raised concerns about the mental health of a couple who claim to have lost their life savings in a complicated financial fraud.

08/09 Mum’s $10m windfall after crypto bungle

A Victorian disability support worker who received more than $10m after a spectacular bungle from a cryptocurrency platform will not be forced to return to jail, a court has been told.

07/09 Claim missing $90k disappeared when account was deleted

A relative of the couple at the centre of a tense saga with Commonwealth Bank over a supposedly missing sum of $90,000 has made an extraordinary new claim about what happened to the money.

05/09 Lowe sounds alarm on China

The Reserve Bank has sounded the alarm on the fast-deteriorating Chinese economy, warning that its embattled property sector poses a major risk to Australia’s outlook.

05/09 Popular Aussie bank referred a couple to a suicide helpline.

A young Melbourne couple whose life savings vanished during a botched cash transfer claim they were referred to a suicide helpline after contacting Commonwealth Bank for help.

04/09 Lowe set for final rates call

Households are likely set for a rates reprieve when the Reserve Bank board meets on Tuesday afternoon for its final cash rate call with governor Philip Lowe at the helm.

30/08 Gen Z push back against ‘cashless’ society

Our youngest dogs might not be learning new tricks, at least when it comes to money.

28/08 ASX reverses fortune as Qantas grilled

The Australian share market has bounced back from a six-week low thanks to a boost from retail sales and an offshore rebound.

28/08 Shock email amid company’s $15m collapse

EXCLUSIVE

23/08 CBA facing $40m Matildas dilemma

The Commonwealth Bank (CBA) may need to fork out more than $40 million to remain naming rights sponsor of the Matildas following the team’s World Cup success.

23/08 Bank boss reveals reason for WFH crackdown

EXCLUSIVE

22/08 ‘Laughable’: Bank lashed for cutting 88 roles

The Commonwealth Bank of Australia (CBA) is cutting another 88 jobs as part of a restructure that will impact 221 roles in total.

21/08 Dollar gains intact as China disappoints, traders eye Jackson Hole

Apart from waiting for news of stimulus in China, the upcoming Jackson Hole symposium is markets' major focus and may set the direction for U.S. yields.

20/08 Great-grandma loses over $13,000 from phone scam — and her bank won’t refund her

“My future is going to be a week to week living situation,” she said.

18/08 Fears Aussie dollar bloodbath not over

The Aussie dollar may have further to fall economists have warned, as the country’s slowing economy and a deteriorating outlook in China weighs heavily on markets.

17/08 Aussie boss cops $600k pay cut

The boss of KPMG, one of Australia’s big consulting firms, copped a $600,000 pay cut last financial year, thanks to a softer economic environment.

16/08 Unexpected win for Matildas stars

Despite their loss in last night’s semi final, several star Matildas are still set to capitalise on their success in the Women’s World Cup, according to sports sponsorship and marketing experts.

14/08 Aussie ‘fat-cats’ hide $160 billion secret

Everyday Aussies are struggling as big corporates claim to be facing higher costs, yet still manage to post massive profits. Welcome to greedflation.

12/08 Zoom calls Sydney staff back to the office

Zoom, the video conferencing company that rose to fame during the COVID-19 pandemic, has ordered its Australian staff back to the office.

12/08 When interest rates will finally be cut

Since before the RBA began raising interest rates in May last year, analysts and commentators have been attempting to predict the peak of the cash rate and when interest rates would start coming down.

11/08 Bank customer’s $10.5m account dilemma

It’s the ultimate moral dilemma.

11/08 How much you’ll pay for a new home loan

Two of Australia’s major lenders have revealed their new home loan rates for Aussies on the hunt for homes and one of them is offering a slightly better deal.

10/08 RBA governor to face final grilling

Outgoing Reserve Bank governor Philip Lowe is set to face his final interrogation in parliament, amid expectations the central bank’s rate hiking campaign may be over.

10/08 ‘Slap in the face’: CommBank boss slammed

CommBank chief executive Matt Comyn has been slammed during a staff town hall, amid growing outrage over the lender’s record profit as Australians face spiking mortgage costs and shrinking pay packets.

09/08 Market wrap: ASX finishes higher

The Commonwealth Bank’s record profit announcement has helped the ASX finish up following a mixed session on Wednesday.

09/08 Major probe into Aussie price crisis

A fresh offensive against big business has been launched by the Australian Council of Trade Unions after it established an inquiry to expose price gouging behaviour by corporations.

09/08 Major bank posts record profit

Australia’s largest retail bank has posted a record cash profit of $10.16bn despite issuing warnings that its customers are coming under increasing pressure.

08/08 Another gym collapses owing $1.2m

EXCLUSIVE

06/08 ‘Disgraceful’: Outrage at Aussie bank’s move

Commonwealth Bank has announced it will introduce transfer limits to cryptocurrency exchanges in an effort to fight growing threats from scammers.

04/08 Finance guru Mark Bouris makes rates prediction all Aussies want to hear

Finance guru Mark Bouris has predicted interest rates will finally begin to drop in a message all Aussie homeowners will want to hear.

03/08 Aussie market suffers another massive drop

The Australian sharemarket has dropped to 0.6 per cent, or 42.8 points to 7311.8 at the closing bell, as the nation battles a steep decline in retail sales volumes in the last quarter.

02/08 Aussie stock market plunges into red

The Australian sharemarket has had a surprisingly bad day as a result of Fitch cutting its US credit rating coupled with the Australian dollar dropping.

31/07 Recession warning ahead of RBA call

A leading economist has delivered a stern warning that further rate hikes could risk tipping the nation into recession.

28/07 RBA rate hike ‘a guess’, but pain guaranteed

Economists say whether or not the Reserve Bank of Australia raises interest rates one more time after their monthly board meeting next week or not, Aussies will feel the pain for months to come.

28/07 ASX slump after two record days

Australia’s share market has had a depressing end to the week, slumping by over half a percentage point after two record-high days.

27/07 ‘Peaking right now’: Mortgage fiasco hits

It’s been almost two weeks since Treasurer Jim Chalmers announced that Michele Bullock will take over from Philip Lowe as Reserve Bank Governor – and it’s clear she has her work cut out for her.

27/07 Proof our cities are officially ghost towns

If Aussies needed any further proof that our cities are turning into ghost towns, the rates of CBD parking might be a good, but often overlooked indicator.

26/07 Commonwealth Bank axes 250 jobs

Commonwealth Bank Australia (CBA) is set to slash over 250 positions across its consumer and business banking units, just weeks after it was revealed another financial institution axed 751 jobs.

25/07 Tower block ‘exodus’ proof Sydney is ‘broken’

Sydney’s CBD is facing an uncertain future, with demand for city-centric office spaces still not recovering to post-Covid levels.

19/07 Huge surge on ASX

The Australian share market has soared to its highest level in 20 days, led by boosts from the energy, financial and real estate sectors.

17/07 Aussie company’s share tumble

The Australian share market has begun the week with a flat session, however, one company has seen its price tumble after a major government announcement.

16/07 Woman’s ‘ballsy’ move to employer goes viral

One American woman is trying to create greater job transparency by sharing her salaries on LinkedIn — and it’s divided the internet about whether it’s a genius move or not.

14/07 New RBA governor’s staggering property portfolio

Australia’s next Reserve Bank Governor Michele Bullock is a Sydney landlord who has amassed a $6 million property portfolio after growing up in a country town and has rejected the big banks for her multiple mortgages.

13/07 Major bank’s warning on mortgage stress

Mortgage stress will continue to rise in the next six months, even if the cash rate remains unchanged, the Commonwealth Bank has warned.

12/07 Urgent push to stop bank’s WFH crackdown

CommBank is facing an eleventh-hour challenge to its return-to-office order, with the union asking the Fair Work Commission to “intervene”.