Banking

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Call to ban businesses from charging for credit and debit card payments

The fees cost each Aussie around $60 per year but they could finally be ended for good.

2 min read

The Reserve Bank of Australia has recommended that surcharge fees on both debit and credit cards be scrapped.

Australia ‘blindsided’ as RBA defies predictions to leave cash rate unchanged

The country’s central bank had been tipped to shift the dial for a third time this year.

5 min read

The RBA has decided against slashing the cash rate for the third time this year.

Westpac-owned lender admits to dodgy home loan approvals

2 min read

RAMS staff are accused of submitting false pay slips to to get home loans approved for customers. (Joel Carrett/AAP PHOTOS)

Two million up for slice of AMP class action over fees

3 min read

AMP customers have joined a class action against the wealth manager.

Major Aussie bank slammed over plan to slash roughly 1500 jobs

2 min read

The finance union has slammed Westpac over its reported plans to cut about 1500 jobs.

‘No slam dunk’: What surprise jobs data means for rate cut

3 min read

The Reserve Bank of Australia says it’s committed to ensuring cash remains available to all but a recent suggestion from RBA governor Michele Bullock has advocates for traditional currency worried.