Banking products
Bankwest to close all branches in digital-only move
Bankwest will disappear from WA streets by October as the Commonwealth Bank-owned brand closes 45 branches and switches to servicing its customers by digital means only.
- by Peter Milne
Latest
Opinion
Cash
How I found myself agreeing with cash king Bob Katter
Too many businesses are going cashless and it’s costing consumers. The banks and other payment providers, meanwhile, make a fortune from fees on card payments.
- by Caitlin Fitzsimmons
‘Tide has turned’: Banks start to cut fixed rates
Lenders have started cutting fixed interest rates on home loans, as markets bet the Reserve Bank will reduce official interest rates later this year.
- by Millie Muroi
Perspective
Cash
How a pizza helped cash become my king, again
After a few COVID-mandated years of less tactile transactions, I’m re-embracing the simplicity of cash.
- by Cameron Atfield
App wars: How banks are trying to win over Gen Z
Banks are in engaged in a battle of the apps, as they try to win over younger customers who are juggling saving and spending in a largely cashless world.
- by Clancy Yeates
Reduce carbon footprint if you want cheap finance: NAB
Australia’s largest business lender has said it is inevitable banks will charge higher interest rates for businesses that aren’t reducing their emissions.
- by Sumeyya Ilanbey
Tony Wright’s Column
Network outage
Smart cards and smarter phones? Stuff and nonsense. Just ask my mother
Credit cards and smartphones are supposed to simplify and streamline our lives. Until the IT dam wall is washed away – and with it our information and cash.
- by Tony Wright
AMP shares tumble on weak profit forecast amid $60m banking push
AMP is attempting to limit the crunch on its banking profits by targeting the small business market, investing in a new digital bank.
- by Clancy Yeates
Opinion
Interest rates
Savings accounts finally beat inflation as cheap money era ends
In a major turning point for savers, it is now possible to make returns that are just ahead of inflation simply by putting your money in the bank.
- by Clancy Yeates
Bank profits past their peak as mortgage war takes toll
The mortgage war is taking a bite out of bank profits, and analysts say CBA could unleash more competition if it looks to turn around losses in market share.
- by Clancy Yeates and Millie Muroi
‘Ned Kelly behaving badly’: Winston Peters blames Australian business for Kiwi crisis
The 78-year-old New Zealand politician has taken aim at Australia’s big four banks and major supermarkets for purportedly ripping off New Zealanders.
- by Lucy Cormack