Banking

Commonwealth Bank investigates ‘issue’ that has locked thousands out of account
rewrite this content and keep HTML tags A technical issue is believed to have locked thousands of Commonwealth Bank customers ...

Why Reserve Bank didn’t drop interest rates
Fresh light is set to be shed on why the Reserve Bank held off on a further cut to interest ...

NAB bank teller saves elderly man from losing $400,000 in investment scam
A quick-thinking bank teller has saved a Victorian man from losing hundreds of thousands of dollars after he was tricked ...

Reserve Bank cuts rates: What it means for your mortgage, the economy and what to do if you want to buy a house
ANALYSIS It’s November 2011. Dunaden’s just won the Melbourne Cup. Know the news with the 7NEWS app: Download today The ...

Commonwealth Bank increases shareholder dividend by 5 per cent to $2.25 per share following $5 billion first-half profit
Commonwealth Bank has hiked its dividend after delivering a $5.1 billion first half cash net profit, up 2 per cent ...

Australians with HECS debt will now get easier access to mortgage under new government guidance
Homeownership will be made easier for Australians with outstanding student debt, after financial regulators promised to update their guidance on ...

Bank of Queensland to close 16 branches across Queensland, Western Australia, New South Wales and Victoria
One of Australia’s biggest banks has shocked its 900,000 customers, announcing the closure of multiple branches across Australia. Bank of ...

Banking giant HSBC sued by Australian regulator for allegedly failing to protect customers from $23 million in scams
The Australian Securities and Investments Commission (ASIC) is suing banking giant HSBC, alleging it failed to safeguard 950 Australian customers ...

ANZ cuts fixed rates on its home loans for owner-occupiers and investors days after NAB
ANZ has joined the rest of the big four banks in slashing its fixed rates on its home loans. The ...

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans
Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its ...