Banking

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

Ev Richard

Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its ...

Bank of Queensland to sack 400 workers as digital move makes branches ‘no longer sustainable’

Bank of Queensland to sack 400 workers as digital move makes branches ‘no longer sustainable’

Mickey Vernon

Bank of Queensland has confirmed mass redundancies, announcing the departure of 400 staff as it concedes its long-serving retail banking ...

ANZ named and shamed for charging dead clients

ANZ named and shamed for charging dead clients

Mickey Vernon

ANZ has been sanctioned for charging fees to the estates of dead clients, in what the industry’s independent monitor has ...

ACCC approves Armaguard bailout by major banks, grocery giants and Australia Post

ACCC approves Armaguard bailout by major banks, grocery giants and Australia Post

Mickey Vernon

The Australian Competition and Consumer Commission (ACCC) has provided interim authorisation for a $50 million bailout of transporter Armaguard from ...

Westpac sanctioned over Tennant Creek bank closure, threatening safety of locals

Westpac sanctioned over Tennant Creek bank closure, threatening safety of locals

Adesola Mojo

Westpac exposed its customers to a “high risk of harm” when it suddenly closed an outback branch, leaving hundreds of ...

Senate report recommends mandatory banking code of conduct to help protect regional Australians’ access to cash

Senate report recommends mandatory banking code of conduct to help protect regional Australians’ access to cash

Mickey Vernon

A banking code of conduct is needed to make sure Australians living in rural communities can still access to cash ...