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 …
banks
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The Commonwealth Bank is set to reduce its fixed interest rates starting tomorrow, with decreases of up to 0.4 per cent across all fixed terms. This adjustment aligns with the …
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Over two million Australians are seeking compensation for alleged excessive fees on their superannuation accounts, with a class action lawsuit against AMP commencing in federal court today. Led by Slater …
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Westpac is considering job reductions, with reports indicating plans to cut more than 1,500 positions as part of a cost-saving initiative led by its new CEO, Anthony Miller. This move …
- Cost of Living
Three of the Big Four Banks Keeping Savings Customers in the Dark After Interest Rate Cut
by adminMillions of Australians remain unclear about their savings interest rates following the Reserve Bank’s recent cash rate cut. Westpac has been the only major bank to disclose its changes to …
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The Reserve Bank of Australia (RBA) has recently implemented its second interest rate cut of the year, lowering the cash rate from 4.10% to 3.85%. This adjustment is expected to …
- National
Most Commonwealth Bank Homeowners Did Not Reduce Their Repayments Following February’s Rate Cut
by adminRecent data from the Commonwealth Bank reveals that most mortgage holders opted not to lower their home loan direct debit payments following a cut in interest rates by the Reserve …
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Australia is currently experiencing a surge in the circulation of banknotes, reaching a remarkable $103.7 billion, as revealed by the latest data from the Reserve Bank of Australia (RBA). This …
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The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Macquarie Securities (Australia) Limited (MSAL), the broking division of the investment bank Macquarie. The lawsuit, filed in the …
- National
Macquarie Bank Under Intense ASIC Scrutiny for ‘Disappointing’ Inaction on Suspicious Trading
by adminMacquarie Bank, one of Australia’s major financial institutions, has come under scrutiny from the Australian Securities and Investments Commission (ASIC), which has imposed licence conditions due to various compliance breaches. …