The multi-year underpayments breakdown hit everything from leave payments and superannuation to meal allowances.
Duncan Evans
Commonwealth Bank shares have plunged to their lowest level since April, helping to drag the local market down for the second day in a row.
Cameron Micallef
A big four bank is lifting fixed interest rates in an “ominous sign” for all mortgage holders.
Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.
Tom Wark
Australia’s largest bank has revealed billions in profits despite acknowledging “challenging” times for many households.
Analysts say the new approach could become a model for other buyout firms that have struggled to return cash on investments made during the era of cheap financing and near-zero interest rates.
ANZ’s full-year statutory profit has fallen after a bruising $240m fine from the corporate watchdog for widespread misconduct.
Nathan Schmidt
A former NAB employee has been charged over his alleged role in a $200m fraud scheme that police say is among Australia’s largest financial fraud cases.
Blake Antrobus
A senior business bank manager is behind bars accused of playing a key role in one of Australia's biggest corporate corruption cases in recent years.
Rachel Jackson and Alex Mitchell
A rally in iron ore and gold stocks lifted up the Aussie sharemarket on Thursday, offsetting a slump in banking giant NAB.
Australia’s biggest share trading firm, CommSec, is punishing wealthy customers so it can help more people with less than $5000 invested with them.
Stephen Johnson
NAB has reported steady FY25 earnings and returned $5.2bn in dividends to shareholders and millions of Australians via super funds.
Andrew Hedgman
National Australia Bank has eked out a modest profit lift to $6.76 billion, with strong business lending offset by surging technology and bad debt costs.
Tom Richardson
After Westpac unlawfully denied a mother's request to work from home, a union wants banks to acknowledge staff rights to flexibility.
Alex Mitchell
From questionable pieces of clothing to Australia’s biggest bank, consumer advocacy group Choice has unveiled the ‘worst of the worst’ in its annual Shonky Awards. SEE THE LIST
Ibanez Taylor
Westpac’s chief executive has defended the bank’s WFH policy in the wake of a bruising loss at the Fair Work Commission.
Hannah Moore
The Aussie sharemarket has edged higher in a choppy session of trading ahead of Tuesday’s closely-watched decision on interest rates from the Reserve Bank of Australia.
Westpac’s CEO says average-income Australians are locked out of the housing market with the bank seeing enquiries for first-home buyers double in a matter of weeks.
Westpac has confirmed the sale of RAMS, which has loans worth $21.4 billion, a little more than a week after it was fined $20 million.
A first-time homebuyer? Here’s your guide to some of the essential steps — how to figure out what you can afford, how the loan process works and some key things to watch out for before taking the plunge.
Ama Samarasinghe
The federal government's planned cash mandate will ensure an ongoing place for hard currency but cash advocates say its a step towards a tap-only society.
Adrian Black
It’s been a wild October for the Aussie sharemarket and the final day of the month’s trading delivered a small slide into the red.
The boss of Australia’s financial complaints watchdog says fewer opportunities to access cash and face-to-face banking are adding to hardship woes for consumers.
Danielle Le Messurier
Australian banking shares could face a reckoning as lenders unveil earnings starting next week, with valuations setting a high bar for results.
Carmeli Argana and Nasteho Said
