Labor’s planned anti-scam laws are too complicated, too lenient and too slow, advocates say
Labor vows to force banks to compensate Australians tricked out of money by scammers
Microsoft IT outage: Australian airlines, banks and supermarkets begin return to normal operations
Australia’s big banks lent $3.6bn to fossil fuel expansion projects in 2023, report shows
The bank of mum and dad is making the Australian dream of home ownership come true – for some
Sarah lost her savings to a ‘money mule’ scam. She says Australia’s big banks have brushed her off
How hard is it to live off cash alone? I tried for a weekend and this is what happened
Jordyn Beazley
June 2024
Treasurer approves ANZ takeover of Suncorp banking arm
Green light for merger comes with conditions including ban on closure of Queensland branches for three years
Westpac customers in Tennant Creek unable to buy food after ‘disastrous’ branch closure, critics say
Banking watchdog finds Westpac committed ‘serious and systematic’ breaches when closing remote NT branch in 2022
Australian banks to alert customers on interest rate moves under changes to get savers better deals
Move comes after consumer watchdog found banks were using pricing strategies that were highly complex or took advantage of the tendency to set and forget
May 2024
Australia’s annual inflation rate rises to 3.6 % in April contrary to expectations
CPI increases for second month in a row with housing and food top contributors, lessening chances of the RBA cutting interest rates in 2024
‘It was like a lifeline’: the money clinics helping women escape financial abuse
A ‘sneaky’ form of coercive control, financial abuse can be difficult to identify early. A small network of counsellors is helping victims navigate the complex terrain
When a good job is not enough: why even well-paid Australians are going over the mortgage cliff
‘A long, slow burn’: more Australian households on the brink as mortgage stress rises
Lack of mortgage competition to hurt customers and boost Australian banks’ profits
April 2024
Inflation in Australia is still stubbornly high. Will the RBA raise interest rates again?
With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?
Business wants pay rises for Australia’s lowest paid workers limited to 2% – but what about executives?
Average pay of top bosses has increased from 17 times average earnings in early 90s to about 55 times now. What about those on minimum wage?
‘Outdated and misleading’: is it time to reassess the very concept of money?
It’s regularly being created and destroyed – and economic models that don’t reflect that fact are not even slightly useful
March 2024
Financial abuse can follow victims long after relationships end. Australian experts are calling for reform
Coles resumes receiving cash deliveries after halving withdrawal limit amid fears of Armaguard collapse