Phishing fraudsters used SIM box to fleece hundreds of victims,police allege

Phishing fraudsters used SIM box to fleece hundreds of victims,police allege

Two men from Sydney’s northern suburbs have been charged after allegedly sending text messages purporting to be from major banks and telecommunications providers.

  • byJenny Noyes

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NAB customers in ‘good shape’ but higher costs a worry for investors

NAB customers in ‘good shape’ but higher costs a worry for investors

The bank’s quarterly update shows cash earnings of $1.8 billion,an increase of 6 per cent on the same quarter last year,in line with analyst consensus.

  • bySimone Fox Koob
NAB chairman Phil Chronican points to risks of financing new gas projects

NAB chairman Phil Chronican points to risks of financing new gas projects

“We can’t just keep building out more gas and extracting new gas and expecting to have a miracle that gets us to net zero,” the chairman of NAB said,

  • byClancy Yeates andSimone Fox Koob
Westpac,NAB leave door open on oil and gas finance amid climate push

Westpac,NAB leave door open on oil and gas finance amid climate push

Two of Australia’s biggest banks have pitched their climate credentials amid a national debate about funding for fossil fuel projects.

  • bySimone Fox Koob andClancy Yeates
Instant gratification:The lure of a 10-minute mortgage approval
Opinion
Big four

Instant gratification:The lure of a 10-minute mortgage approval

While it may not warrant an entry into the Guinness World Records,in the sphere of Australian banking Westpac is clearly looking for a medal for its accomplishment.

  • byElizabeth Knight
Major banks expect official interest rates around 3 per cent by year-end

Major banks expect official interest rates around 3 per cent by year-end

Westpac and National Australia Bank expect the RBA to lift the official cash rate to its highest level in nine years by December,potentially adding thousands of dollars a year to mortgage repayments.

  • byRachel Clun andShane Wright
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Unions want the right to work from home included in enterprise agreements

Unions want the right to work from home included in enterprise agreements

Enshrining the right to stay home in long-term agreements could delay a traditional return to the office for many years to come.

  • byAngus Thompson
Telstra,Westpac advise staff to work from home as employers weigh up Omicron risk

Telstra,Westpac advise staff to work from home as employers weigh up Omicron risk

Two of the nation’s biggest employers have relaxed office attendance requirements and are advising staff to work from home as concerns mount over rising COVID-19 case numbers.

  • byJessica Yun,Emma Koehn andDana Daniel
NAB to defend trader’s unequal pay complaint

NAB to defend trader’s unequal pay complaint

NAB will defend a human rights claim made by a female trader,who alleged she was discriminated against because of her race and sex and that the bank is beset with a “boys’ club culture”.

  • byClancy Yeates
Big four banks pass on interest rate rise in full

Big four banks pass on interest rate rise in full

CBA was the first big four bank to lift interest rates,passing on the Reserve Bank’s 0.5 percentage point rise to customers,followed by ANZ,NAB and Westpac.

  • bySimone Fox Koob
Another one bites the dust:The neobank financial experiment that failed
Opinion
Fintech

Another one bites the dust:The neobank financial experiment that failed

The end of Volt is also a bit of a bloody nose for the regulator and its chair,who issued these three fintech lab rats with banking licences.

  • byElizabeth Knight