Banking

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

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

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

Mickey Vernon

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