ANZ has risked the wrath of its customers by raising its standard variable mortgage rate by 39 basis points. The bank followed the Commonwea…
ANZ has risked the wrath of its customers by raising its standard variable mortgage rate by 39 basis points. The bank followed the Commonwea…
The value of funds covered by the government’s banking guarantee scheme has fallen from $161.7 billion to $144.1 billion in the year to Oc…
The Federal Government is set to reveal a $3 billion surplus for 2012-13 later today, despite a $10 billion revenue slump. The higher dollar…
Political and media scrutiny on the banks doesn’t look likely to abate this week, with shadow treasurer Joe Hockey challenging his opposit…
Concern lingers over Australians’ consumer spending after new figures reveal that retail sales rose by just 0.3% in September from the pre…
The ‘big four’ banks have come under sustained media and political criticism after Westpac announced a $6.3 billion annual profit. The r…
Federal Treasurer Wayne Swan has savaged the Commonwealth Bank for a “cynical cash grab” after the bank raised mortgage rates by close t…
The Reserve Bank of Australia has shocked the market by raising official interest rates by 0.25% to 4.75% this afternoon, citing a looming r…
The Australian Competition and Consumer Commission is pushing for a new law to prohibit price fixing across a range of industries. Businesse…
Debts owed to the Australian Taxation Office rose by 21% in the last financial year, with debtors more likely to be aggressively chased for …
The major banks are set to come under renewed scrutiny from a senate inquiry, established to look at banking competition in Australia. The m…
A surprise dip in inflation could prove to be a pre-Christmas boost for retailers, with the Reserve Bank less likely to hike interest rates …
