WA Loses $1.5B in Super, Urging Policy Changes
A new report reveals West Australians are missing $1.5 billion in superannuation, highlighting the urgent need for policy reforms to protect retirement savings.
Category : Banking
Gen Z, Millennials Feel Left Behind in Life: Survey
A new bank survey reveals that Gen Z and Millennials feel financially and socially left behind, struggling with housing, jobs, and life goals compared to older generations.
ATO Warns SMSFs on Illegal Early Access and Coercive Loans
The Australian Taxation Office has issued a stern warning to self-managed super funds, highlighting illegal practices like early access and coercive control over loans.
Facebook Scammers' Appeal Denied in Nowra District Court
Two individuals convicted of running a sophisticated Facebook scam in the Illawarra region have had their appeals against their sentences rejected by the Nowra District Court.
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CBA Reports $1 Billion Mortgage Fraud to Police
Commonwealth Bank has alerted authorities to a potential $1 billion mortgage fraud scheme involving AI-generated documents. Cybersecurity experts warn of sophisticated identity theft using stolen data from major breaches.
Solicitor Accused of Stealing $15M for Gambling Habit
Benjamin Paul Reid, a high-end solicitor, allegedly stole nearly $15 million from client accounts to fund an online gambling addiction, leading to his arrest and charges of deception.
Ex-Townsville Financier's Forgery Charges Dismissed
A former Townsville financier has had forgery and uttering charges dismissed in court, with the magistrate citing insufficient evidence to proceed with the case.
Wise Card Increases ATM Withdrawals, Adjusts Fees
Wise Travel Card users will enjoy higher free ATM withdrawals and no fixed fees from May 2026, though variable fees rise, aiming to save travelers money overseas.
NIB Group Reports Record Membership Growth in Hunter
NIB Group has announced a significant increase in membership, driven by strong performance in the Hunter region, reflecting positive economic trends.
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Best Savings Returns as Interest Rates Rise
Financial expert Nick Bruining shares where savvy savers can secure the highest returns on their money amid rising interest rates, offering key insights for maximizing savings.
IMB Bank Profit Up 7%, Strengthens Illawarra Base
IMB Bank has announced a 7% increase in annual profit, highlighting its strong financial performance and ongoing commitment to supporting the Illawarra region through local investments and community initiatives.
Expert Tips for Credit Card Management and Debt Avoidance
Financial experts share essential strategies for using credit cards wisely, including tips on interest rates, fees, and building a strong credit history to prevent debt accumulation.
Banking Leader Urges Liberal Party to Lift Their Game
A prominent banking sector figure and former South Australian senator has publicly called on the Liberal Party to enhance its political strategy and effectiveness.
Bendigo Bank Suggests Incentives for Regional Banking
Bendigo Bank has called for financial incentives to support lenders offering branch banking services in regional Australia, aiming to address service gaps and boost economic stability.
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Fringe Benefit Tax Breaks May Solve Aged Care Staff Crisis
Experts propose extending fringe benefit tax exemptions to not-for-profit aged care providers to attract and retain staff amid a looming workforce shortage.
Pensioner Laments White-Collar Crime Accountability Gap
A pensioner victim of white-collar crime criticizes the lack of accountability for offenders, highlighting systemic failures in the justice system and calling for stronger enforcement measures.
Neil Davey: Otec australské desetinné měny
Neil Davey, klíčová postava v přechodu Austrálie na desetinnou měnu v roce 1966, je připomínán pro svou technickou genialitu a vedení, které změnilo národní ekonomiku.
Commonwealth Bank lucra US$ 5 bilhões no semestre
O maior banco da Austrália registrou um lucro de US$ 5 bilhões no primeiro semestre, elevando o preço das ações e aumentando os dividendos para os acionistas.
CBA Profit Surges on Mortgage Boom
Commonwealth Bank reports a massive first-half profit driven by a booming mortgage market, highlighting strong lending growth and economic resilience in Australia.
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Налог на супер: новые правила с 2026 года
С 1 июля 2026 года вступят в силу изменения в налоге на супер, которые затронут миллионы австралийцев. Узнайте, как новые правила повлияют на ваши пенсионные накопления и финансовое планирование.
Geelong Businesses Back NAB Digital Shift, Seniors Worried
Time-poor business owners in Geelong support NAB's move towards digital banking, while older Australians voice concerns over accessibility and security in the transition.
Westpac's Institutional Division Expands into WA
Westpac's institutional banking division is making a strategic push into Western Australia, aiming to capture more business in the state's lucrative resources and defence sectors.
RBA Rate Hike Warning: Borrowers Face Three-Month Threat
The Reserve Bank of Australia has issued a stark warning that borrowers could face another interest rate hike within three months, adding pressure to household budgets.
Advisor Accused of $4.1m Client Theft Seeks Bail for Denmark Property
Financial advisor Marion Joan Pearson faces allegations of stealing $4.1 million from clients and is now seeking bail to access a property in Denmark, Western Australia.
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ASIC Calls on Super Funds to Lift Anti-Scam Game
Australia's financial regulator ASIC has issued a stern warning to superannuation funds, demanding they significantly improve their anti-scam measures to protect members' retirement savings.
RBA Lifts Cash Rate to 3.85% After Inflation Data
The Reserve Bank of Australia has increased the official cash rate by 25 basis points to 3.85%, impacting household budgets and mortgage repayments nationwide.
RBA Lifts Interest Rate to 3.85% to Fight Inflation
The Reserve Bank of Australia has increased the official cash rate to 3.85 per cent under Governor Michele Bullock's leadership, marking a decisive move to tackle persistent inflationary pressures in the economy.
Borrowers Warned of Up to Four Rate Hikes This Year
Australian home borrowers are being advised to prepare for potential interest rate increases, with experts warning of up to four hikes expected throughout 2026.
P&N Group Scraps $30b Great Southern Bank Merger Talks
P&N Group has terminated its $30 billion merger discussions with Great Southern Bank, marking its second failed attempt to expand into the east coast market. The decision impacts Australia's banking landscape and corporate strategy.
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Big Four Bank Outage Affects Customers Nationwide
A significant technical failure has disrupted services for customers of one of Australia's major banks, causing widespread inconvenience and highlighting vulnerabilities in the financial system.
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