National Australia Bank shareholders have rejected resolutions related to deforestation, but its chairman says he has concerns about the practice.
Derek Rose
Former ANZ chief executive Shayne Elliott has launched legal action against the bank in what one former trader said means things ‘are getting farcical’ at the bank.
Tom Richardson
National Australia Bank’s top boss has sounded the alarm on a major issue which will impact Australian living standards.
Cameron Micallef
Rising mining stocks powered the ASX’s performance on Thursday, despite the Australian sharemarket being unable to follow a strong lead-in from Wall Street.
Westpac's agricultural customers were clear. Its stand against deforestation is of no value, so the bank dropped plans for a forest protection policy.
Thousands of frustrated Westpac customers were unable to access their funds after a major outage affected the Big Four bank’s EFTPOS service on Wednesday.
Peta Rasdien
More than 3000 customers with major bank Westpac have been hit by an EFTPOS outage.
Alexandra Feiam
The Australian sharemarket has plunged after the central bank chief delivered a shock warning to investors – leaving every sector in the red.
A senior Ubank leader has left the digital bank after a ‘highly disturbing’ incident at a Christmas party involving a junior colleague.
Kimberley Braddish
A bank board has faced shareholder questions about its decision to bring in a technology solutions partner, amid widespread change in the finance sector.
Staff Writers
An Australian bank has been found to have failed in key aspects of anti-money-laundering and counter terrorism management.
The banking regulator says the new rules are designed to rein in a surge in lending to investment property landlords and help maintain financial stability.
Australia’s banking regulator tightened rules on bank lending for mortgages.
Adam Haigh
Bendigo and Adelaide Bank's board says it is committed to fixing the inadequacies cited in a Deloitte report and is engaging with regulators.
Andrew Irvine said gas should play a key role in the energy transition and joined Westpac’s boss in attacking social media giant Meta for allowing huge amounts of financial scams on Facebook.
ANZ’s new chief executive Nuno Matos says the commitment to deliver more clean energy needs to be balanced otherwise the ‘medicine could kill the patient’.
A second big bank chief executive has called out giant US technology businesses for an ‘economically problematic’ issue.
The boss of one of Australia's biggest banks has excoriated the debate around net zero, saying power bills could be heavily reduced if renewables are harnessed.
Zac de Silva and Grace Crivellaro
The bank’s CEO has called on lawmakers to toughen up on Meta’s practice of profiting from scam ads and allowing the illegal trade in bank accounts.
In an extraordinary exchange, Westpac’s boss has insisted the bank doesn't necessarily make more money when Australians take out bigger mortgages.
Commonwealth and Westpac executives are first-up as the federal parliament probes practices at Australia's big four banks this week.
Ben McKay
A big-four bank has vowed not to shut any of its branches in regional Australia until 2030 amid ongoing criticism of the nation’s biggest lenders over widespread closures.
Adrian Lowe
The multi-year underpayments breakdown hit everything from leave payments and superannuation to meal allowances.
Duncan Evans
Commonwealth Bank shares have plunged to their lowest level since April, helping to drag the local market down for the second day in a row.