The surprising reason for the Australian dollar being propelled to a four-year high has been revealed.
Cameron Micallef
Here’s the rub for the RBA: How do you get people to stop spending when you reward cashed-up baby boomers while slugging young families with a mortgage?
Daniel Newell
Australia’s biggest banks are ramping up efforts to write more mortgages directly as they battle brokers for control of the home loan customer.
Ryan Johnson
Commonwealth Bank has become the first of the Big Four to lift interest rates following the Reserve Bank of Australia’s decision on Tuesday. It was closely followed by NAB, ANZ and Westpac.
Cheyanne Enciso
The Reserve Bank has raised interest rates by another 25 basis points to 4.35 per cent, undoing last year’s relief. Governor Michele Bullock hinted at more pain and cautioned against higher government spending.
Stephen Johnson
The Middle East war has blown another hole in the budgets of millions of families already shell-shocked by two interest rate hikes this year.
Westpac’s first-half profit missed expectations as chief executive Anthony Miller flagged worries about the impact of the Middle East war on customers.
Richard Henderson
National Australia Bank missed first-half profit estimates as robust loan growth was offset by higher software costs and credit provisions as the economy deteriorates.
For borrowers, the question is not simply whether rates will rise again, but if paying for certainty now is worth the risk of being locked in later.
Q+A: Mortgage offset accounts are a great tool to help people pay down their home loans faster. But as more and more people hit pension age before they pay off their home, how are they assessed by Centrelink?
Nick Bruining
ANZ’s new cost-cutting chief executive has boasted that simplifying its banking business is paying off with a much stronger half-year profit following mass retrenchments during a time of global uncertainty.
One of the nation's big four banks has lifted its interim earnings while warning that the impact on customers from the Middle East conflict is still to be felt.
Kaaren Morrissey
ANZ has posted a massive half-year profit, up nine per cent, as it delivers a dire warning to every Australian household.
Blair Jackson and Cameron Micallef
ANZ’s first-half profit surpassed analyst estimates as chief executive Nuno Matos pushes ahead with his overhaul of the big four bank.
Investors will be watching the banks' provisions for bad debts when ANZ, NAB and Westpac report their half-year earnings in the coming days.
Derek Rose and Kaaren Morrissey
Cash is king, at least for today as a mass demonstration of support for physical currency plays out at ATMs and bank branches across Australia.
Peta Rasdien
Australia’s banks have pointed the finger at some of the world’s biggest tech companies while demanding ‘a level playing field’ to fix what they have branded a tax regulation ‘imbalance’.
Australians are loyal bank customers often staying put for years, but new research suggests that loyalty is doing little for their wallets.
In a major protest against the financial sector and federal government, Australians are being urged to do one simple thing on Tuesday.
Alexandra Feiam and Cameron Micallef
More jobs have been chopped from Bankwest as parent company Commonwealth Bank makes even more change to the Perth-based brand.
Adrian Rauso
An Upper House MP says he has swiftly resolved a legal dispute with Sydney-based lender La Trobe Financial Services over a loan he was accused of failing to pay back.
Rebecca Le May
A big four bank has hiked interest rates for the second time in three weeks as mortgage holders brace for a critical Reserve Bank meeting.
The lender warned of rising bad debts and the need to preserve more capital as the shock from rising interest rates hurts Australian borrowers.
Tom Richardson
An Aussie finance giant has copped a massive fine after breaching spam regulations millions of times – despite being fined for similar conduct years before.
David Hannant
