Why everyone in finance is getting ripped

Why everyone in finance is getting ripped

People who spend their working lives trying to manage risk in return for long-term financial gain often fail to apply those lessons to their own health.

  • byChris Bryant

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BOQ profits stifled as inflation,higher funding costs shred margins

BOQ profits stifled as inflation,higher funding costs shred margins

The bank unveiled a cash profit of $172 million in the six months to February 29,down 33 per cent compared to the first half of last year.

  • bySumeyya Ilanbey
How Sicily’s mafia is tightening its grip on the economy

How Sicily’s mafia is tightening its grip on the economy

Sicily’s tourist hot spots are living an economic boom thanks to shows like The White Lotus. But behind the beauty,its underbelly is spreading its wings.

  • byRachel Sanderson
Afterpay lifts credit limit while bracing for looming buy now,pay later laws

Afterpay lifts credit limit while bracing for looming buy now,pay later laws

Afterpay is preparing for proposed government legislation that would require buy now,pay later operators to perform credit checks on new customers.

  • byMillie Muroi
The Armaguard saga shows we’re a long way from ditching cash entirely
Opinion
Payments

The Armaguard saga shows we’re a long way from ditching cash entirely

Financial troubles at Armaguard highlight the strain on the system used to distribute cash to ATMs,supermarkets and post offices.

  • byClancy Yeates
Scammers are becoming patient:Banks say social media giants need to step up

Scammers are becoming patient:Banks say social media giants need to step up

Experts warn scammers are targeting victims through drawn-out investment and romance scams – and say social media platforms to step up prevention.

  • byMillie Muroi
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Under water and under pressure:The fight to fix flood insurance

Under water and under pressure:The fight to fix flood insurance

As climate change increases the severity and frequency of natural disasters,insurance companies face pressure to improve the handling of their claims.

  • bySumeyya Ilanbey
Bank profit margin crunch to continue as customers shift deposits

Bank profit margin crunch to continue as customers shift deposits

Bank margins will continue to dwindle in the first half of this financial year,analysts say,as customers move their savings into higher-interest offerings.

  • byMillie Muroi
Vanguard misled investors about its ethical fund,Federal Court finds

Vanguard misled investors about its ethical fund,Federal Court finds

The asset manager wasn’t truthful about its $1 billion ethical fund,the court ruled in a major win for the corporate regulator in its crackdown on greenwashing.

  • bySumeyya Ilanbey
Bank chiefs back calls for longer election cycles

Bank chiefs back calls for longer election cycles

The bosses of major banks have backed calls for federal elections to be held every four years instead of three to provide more certainty for business.

  • byMillie Muroi
NAB boss rings alarm on housing crisis

NAB boss rings alarm on housing crisis

NAB’s outgoing chief executive Ross McEwan says Australia’s housing shortage could hamper economic growth and slow the inflow of migrants,as house prices continue to rise.

  • byMillie Muroi