Finance
“Startling result”: NAB worst hit as bank trust plummets in the wake of the royal commission
National Australia Bank (NAB) has emerged as the most distrusted bank in Australia in the immediate wake of the banking royal commission, ac…
As consumer scepticism grows, will the banks bounce back, or will competitors triumph?
Kenneth Hayne, Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry commissioner, has handed dow…
ATO negotiates with big banks on single touch payroll solution as more than 300,000 SMEs lag behind
The tax office is considering turning to the major banks to help implement Single Touch Payroll reporting for micro-businesses as it faces o…
Have your say: How should the government regulate late payment times?
The government has released a discussion paper seeking views from small businesses about how it should implement its payment times reporting…
Morrison pledges support for mortgage brokers in face of “industry-destroying changes”
The political temperature surrounding potential sweeping changes to the mortgage broking industry has tempered somewhat over the last day, w…
What royal commission? Why the big four’s shares are climbing at record rates
By Mark Humphery-Jenner, UNSW
The banking royal commission landed after the stock exchange closed for business on Monday. It recommended …
CBA extends small biz olive branch with quicker decisions for “eligible existing” clients
Commonwealth Bank is attempting to address small-business lending concerns following the royal commission final report, unveiling a swathe o…
An unmeasurable cost: How will the banks regain public trust?
I have written before about the situation of the financial sector, trust and ethical selling, but in light of the findings of the banking ro…
Reserve Bank indicates a possible interest rate cut, but could rising business investment deter it?
Yesterday the governor of the Reserve Bank, Philip Lowe, finally made clear what has been apparent for months — the chances of an intere…
ATO: A whopping $860 million in lost superannuation was claimed late last year
Giving the gift of finding lost superannuation? It sounds weird, but according to new figures released by the Australian Taxation Office (AT…
