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Scam victims could soon receive cash compensation - but not everybody is happy

A proposed law would mean some Australians would be compensated after being caught in a scam. But experts say the process places a new ‘burden’ on victims.

3 min read

A new compensation scheme proposal for victims of banking, telco and social media scams has been welcomed, but critics say it could be simplified to put victims at the centre of the new framework.

Big four bank makes major interest rate move

It’s expected the bank ‘certainly won’t be the last’ to follow the trend.

2 min read

NAB has cut its fixed rates for customers by up to 0.65 percentage points.

Millions of Aussies get money back from major banks

3 min read

Four major Australian banks have refunded customers almost $25,000,000. Stock image

Major Aussie bank fined almost $5 million over repeated breaches

2 min read

Macquarie Bank has been fined over suspected manipulation of the energy futures market by failing to prevent suspicious orders.

Major Aussie bank announces move that will affect customers and staff

3 min read

Commonwealth Bank is trialling a new artificial intelligence-based chatbot.

Aussie bank employee busted stealing customer details for $53K spending spree

2 min read

A bank employee has been sentenced after exploiting customers and stealing their identity to swindle thousands from the bank.