Westpac customers will have more bank branches available for cash transactions as part of a new plan to support customer accessibility. The company said customers can visit any Westpac, St George, BankSA or Bank of Melbourne branch across Australia for their cash transactions, with new technology now connecting the branch network. “This completes a major … Read more
A technical issue locked ANZ customers out of their accounts for several hours, with the bank scrambling to address the nationwide outage and get services back online. A spokesperson for the bank confirmed the issue on Friday afternoon, saying it was affecting the ANZ app, online banking, credit and debit card transactions, as well as … Read more
Commonwealth Bank is cutting almost 200 jobs across three Australian capital cities, blaming a downturn in retail banking, a union representing workers said. The Financial Sector Union said, following talks with Commonwealth Bank Australia, 192 jobs would be cut from Sydney, Melbourne and Perth in sectors including consumer finance, everyday banking, home buying operations and … Read more
With their offices traditionally situated in the city’s Central district and neighbouring Admiralty, finance workers can usually be seen congregating at the IFC Rooftop Garden or SoHo on weekday late afternoons, enjoying a pint or two with their affiliates. Goodbye, Hong Kong: celebrity hairstylist Kim Robinson closes up shop For outsiders, it can be a … Read more
Tracey was at home cooking dinner one night when she heard a 7NEWS segment about junk insurance. Months later, she would receive a $90,000 refund she had no idea she was owed. “When I heard the segment I went ‘oh my goodness’ and quickly wrote all the information down,” she told 7NEWS.com.au. For more Personal … Read more
Despite the Reserve Bank hitting pause on its rate tightening cycle, the Australian share market sank on Tuesday, dragged lower by energy and mining stocks. The RBA held rates steady at 4.35 per cent at its last board meeting for 2023, a move that was widely anticipated by economists and markets alike. Westpac chief economist … Read more
There is more financial pain on the cards for Australian borrowers, with all four of Australia’s big banks announcing they would lift mortgage rates following the Reserve Bank’s Melbourne Cup day hike. The Reserve Bank delivered a 25 basis point increase to the official cash rate on Tuesday. WATCH THE VIDEO ABOVE: After four months … Read more
Another iconic brand has been purchased by one of the country’s richest people after mining magnate Gina Rinehart snapped up Driza-Bone. It’s the latest purchase of a historic Australian brand by a billionaire after Andrew ‘Twiggy’ Forrest and ex-wife Nichola purchased hat company Akubra in a deal worth millions of dollars in November. While it … Read more
National Australia Bank will close five branches next year, the bank has confirmed. NAB retail executive Krissie Jones said the branches to be closed on March 7, 2024 are Tuggeranong in ACT, Scone in NSW, Emerald in Greater Melbourne, Runaway Bay on the Gold Coast and Balmain in Sydney. She said the closures were a … Read more
