Man Charged for Converting Stolen Business Funds into Gold
A 49-year-old Canberra man faces charges after allegedly converting $1.4 million stolen from businesses into gold bullion and cash to evade detection by authorities.
A 49-year-old Canberra man faces charges after allegedly converting $1.4 million stolen from businesses into gold bullion and cash to evade detection by authorities.
A new cohort of Bankwest graduates is diving into the artificial intelligence frenzy reshaping Australia's banking industry, focusing on innovation and digital transformation.
Bendigo and Adelaide Bank flags workforce changes with new Infosys and Genpact deals, aiming for $65M annual savings by 2028, amid broader banking sector job cuts.
ASIC warns AI is making investment scams more convincing as Australians lost over $2.18 billion in 2025. The regulator removed nearly 12,000 phishing sites and 1,100 scam ads.
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RecommendedAnalysis reveals most Australians have mortgage buffers, raising questions about who the RBA's rate hikes are targeting and the broader economic impact.
Using Buy Now, Pay Later accounts can affect your credit score and ability to secure car or home loans, as lenders assess financial behavior and debt levels.
A new payday super rule requiring employers to pay superannuation on payday could create cash flow issues and impact retirement savings, according to financial experts.
The Reserve Bank of Australia's new report reveals most households and businesses are in a strong financial position, with low mortgage stress and rising savings buffers, despite inflation and global risks.
Westpac CEO Anthony Miller has issued a stark warning about the potential for a recession in Australia, citing the dual pressures of rising interest rates and persistent inflation.
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RecommendedA damning ASIC report criticizes the ASX for poor culture, ineffective management, and governance issues, leading to operational blunders and a required $150 million capital buffer.
Mortgage Success, a family-run business with over 56 years of combined experience, helps clients secure tailored mortgages amid rising interest rates and cost of living pressures.
A notorious bank robber has been arrested almost 30 years after a series of heists, with police crediting advanced forensic techniques for the breakthrough in the long-standing case.
Explore how Canberra's financial planning evolves in 2026 with tech-enhanced, expert-led strategies for long-term wealth, focusing on local expertise and transparency.
Macquarie Group warns that Australia's major banks could automate up to 30% of their workforce with AI within five to ten years, reshaping the financial sector.
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RecommendedA comprehensive overview of Self-Managed Super Fund tax requirements, including deadlines, deductions, and strategies to avoid penalties for Australian trustees.
Financial experts discuss the pros and cons of using superannuation for mortgages, highlighting risks, benefits, and regulatory considerations for Australian homeowners.
Superannuation members are advised to avoid impulsive investment shifts during market downturns caused by global conflicts, with experts emphasizing long-term strategies.
A former QBE manager, Keira Meldrum Robinson, has been sentenced to 2.5 years in jail for stealing $333,416 from the insurer, using funds to buy a Tesla Model Y.
A new 7am podcast episode critically examines the Reserve Bank of Australia's recent interest rate decisions, questioning their accuracy and impact on the economy.
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RecommendedThe Reserve Bank of Australia has increased the cash rate to 4.1%, marking a new high after a divided vote among board members, intensifying pressure on borrowers.
The Reserve Bank of Australia has increased the official cash rate to 4.1%, leading to higher mortgage repayments. This article details the extra costs for homeowners and the broader economic impact.
The Reserve Bank's latest interest rate increase to 4.1% adds up to $91 monthly for borrowers, with cumulative hikes since February costing up to $181 extra per month.
The Reserve Bank of Australia has increased the cash rate by 0.25 percentage points to 4.1% at its March meeting. This marks the second consecutive rate rise in 2026, following February's increase to 3.85%.
The Reserve Bank of Australia has decided to keep interest rates unchanged at its latest meeting, citing ongoing economic challenges and inflation concerns.
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RecommendedThe Reserve Bank of Australia has increased the cash rate to 4.1%, adding about $90 monthly to a typical $600,000 home loan. Opposition Leader Angus Taylor criticises the government's handling of inflation.
The alleged Australian Tax Office debt of Yusuf Khan, owner of Library Nightclub, has surfaced in the WA Supreme Court, raising questions about his business dealings.
A family in the Illawarra region is accused of fraud after their father, William, faked his death to claim life insurance and other benefits, leading to a police investigation.
National Australia Bank cautions that inflation could spike to 5% due to Middle East turmoil driving fuel panic buying, impacting Australian drivers and the economy.
Pensioners face a legal setback as Raymond Jones, Ryan Jones, and Simon Bell await trial over the Sterling First collapse, highlighting ongoing financial distress.
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RecommendedSuperannuation contribution caps have been officially locked in, bringing significant changes for savers. Learn how this impacts your retirement planning and financial strategies.