Financial troubles at Armaguard highlight the strain on the system used to distribute cash to ATMs,supermarkets and post offices.
A parliamentary committee has launched an inquiry into the hidden problem of financial abuse in Australia,which has been described as a form of domestic violence that often goes undetected.
Why shouldn’t taking a stand (either way) on the Voice be seen as part of a company’s environmental and social governance responsibility?
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.
After asking for financial support and walking away from $26 million on offer,Armaguard will try to negotiate with customers individually,but good faith may have eroded along the way.
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.
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.
Lenders have started using their second-tier offshoots to chase home loan business.
A new alert system from NAB has saved customers – including many desperate Swifties – a total of $80 million in potential scams.
Payouts to investors will ramp up in the coming week with companies keen on maintaining dividend payments despite weaker profits.
More than 1400 bank branches have closed in Australia since 2017. But there are key reasons why it’s important for banks to maintain their physical presence.