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Banking & Investment

Pensioner's plight highlights need for better bank behaviour

Consumer groups have outlined 100 ways for banks to improve their behaviour.

Finance News

Government accused of scrimping on financial compensation scheme

Consumer groups accuse the federal government of undercutting victims of poor banking and financial behaviour in their pared-back compensation scheme.

Banking & Investment

ATO reveals common tax traps that could lead to an audit

The Australian Taxation Office is warning taxpayers not to bet against the house this tax time.

Finance News

Banks told to prepare for negative interest rates

Bad news for self-funded retirees with APRA wanting to see plans for negative interest rates.

Finance News

Check your bank statements: Surge in unlawful transactions

Australian Financial Complaints Authority complaints show it pays to check your credit card statement.

Banking & Investment

Big four bank prepares to pay back $87m to customers

Westpac has committed to remediating customers who were not notified of corporate actions between 2005 and 2019.

Banking & Investment

Why you won't be able to use cryptocurrency to dodge tax

The Australian Tax Office has warned people who invest in cryptocurrencies they won't be able to avoid scrutiny this year.

Banking & Investment

Pandemic heightens need for trusted financial advice

Financial services minister Jane Hume is highlighting the need for trusted advisers such as stockbrokers in line with the financial market in the wake of the pandemic.

Banking & Investment

Experts predict interest rates to stay on hold for the next 12 months

Retirees relying on interest income are set for another year of pain with rates tipped to stay at 0.1 per cent for at least the next 12 months.

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