The banking giant,which delivered a $7 billion profit and raised its dividend on Monday,says the economy is turning the corner.
Customers who continued paying off home loans despite cost-of-living pressures are expected to support the profits of the majors,to be revealed this week.
The bank said the issue was rectified Saturday afternoon,but not before a rash of online complaints from customers.
The class action alleges the two banks engaged in predatory lending practices that stung consumers with unfair high-interest loans.
Want a chance of getting scam compensation from one of the big banks? There’s one simple rule to follow.
When businessman Bill Papas fled to Greece,he left behind smoking-gun evidence of his elaborate scheme to defraud bank lenders – and a note that sank his business partner.
While markets are expecting at least one rate cut before the end of the year,RBA governor Michele Bullock and most of the big four banks disagree.
Banks,telcos and social media companies could soon be held accountable for failing to protect customers,but there is a big vulnerability in our anti-scammer systems that needs a fix.
Incoming CEO Anthony Miller sees opportunities for growth in the agriculture,education,professional services and healthcare sectors.
A Westpac whistleblower has said she was bullied after making internal complaints about suspected criminal activity at the bank’s RAMS Home Loans mortgage broking subsidiary.
Some would call it a margin-plumping exercise – the banks prefer to think of it as margin protection. Either way,it’s good for bank profitability.