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Friday 15 August 2025

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Banking

Banking

BusinessFinanceRetailEconomyMarkets

Westpac accused of ‘deserting customers’ as it shuts 48 branches across Australia

Westpac, Bank of Melbourne, St George, and Bank SA branches are affected by the major network reduction.

3 min read

Westpac Group has announced that it will shut down 48 bank branches in Victoria and South Australia and amalgamate others in a major reduction in its national branch network.

Commonwealth Bank reveals when its new service to challenge Afterpay will be on offer

The nation’s biggest bank is taking on the ‘buy now, pay later’ space pioneered by Afterpay.

4 min read

The Commonwealth Bank will offer its own buy now, pay later service to customers from mid-year.

Over 31,000 Australians have complained about banks since the Banking Royal Commission

3 min read

New lending laws could endanger the lives of thousands of Australians, putting them in even greater debt.

APRA ends probe into Westpac over breaches of money laundering and terror financing laws

1 min read

APRA closed its investigation into Westpac's breaches of anti-money laundering laws.

Three MILLION struggling Aussies relying on ‘fast cash’ loans to pay the bills

2 min read

According to Cash Converters, more than three million Australians rely on services from small loan lenders. File image.

PayPal to let Aussies pay later from June

2 min read

PayPal will provide its buy now, pay later service to Australians in June.

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