Australians currently hold a staggering $18 billion in credit card debt, with numerous 0% interest offers available for balance transfers. While these promotions might seem attractive, they raise the question: …
banks
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- National
Regional Towns to Bid Farewell to Their Final Physical Bank as Bendigo Bank Closes 10 Branches
by adminBendigo Bank has announced the closure of 10 branches across three states, impacting five regional communities that will lose their last local banking services. The branches slated for closure include …
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The Reserve Bank of Australia (RBA) is set to announce its next interest rate decision in six days, but ANZ Bank is taking proactive measures ahead of this potential adjustment. …
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Westpac has become the latest financial institution to forecast that the Reserve Bank of Australia (RBA) might reduce interest rates as soon as next month. In May, RBA Governor Michele …
- Politics
Ex-Finance Minister Simon Birmingham Appointed as New Chief Executive of the Australian Banking Association
by adminSimon Birmingham, the former finance minister and leader of the Senate, has been appointed the new chief executive of the Australian Banking Association (ABA), the leading body representing banks across …
- National
National Australia Bank Hit with $751,200 Penalty for Violating Consumer Data Right Regulations
by adminThe National Australia Bank (NAB) has received a record-breaking fine of $751,200 from the consumer watchdog for violating customer data regulations under the Consumer Data Right (CDR) framework. This federal …
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Westpac has projected that the Reserve Bank of Australia (RBA) will implement four interest rate cuts over the coming year, with the first reduction anticipated as soon as August. While …
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An ordinary afternoon at an NAB bank branch in New South Wales took a concerning turn when an 84-year-old grandmother from the Hunter Valley requested a significant increase in her …
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Australians are being cautioned about a significant rise in investment scams, particularly as the Reserve Bank of Australia continues to lower interest rates. According to Shaq Johnson, the head of …
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Commonwealth Bank app and NetBank users are currently facing difficulties with money transfers and payments, as the bank is addressing a system issue. This afternoon, the bank acknowledged that a …