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EXPLAINED: 6 - The Real Truth

Shares fall again to finish week down 1.7 pct

The ASX200 finished Friday down 0.3 per cent in its third losing day out of the past four sessions.

AAP

Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

AAP

No interest rate relief predicted this year, major bank tells mortgage holders

ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025

The Guardian - AU

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Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

AAP

Tiwi Islanders take aim at bank's complaint rejection

ANZ has rejected a complaint from Tiwi traditional owners who say the bank's funding of fossil fuel projects contribute to adverse human rights impacts.

AAP

Aust shares fall after hawkish Federal Reserve minutes

The ASX200 has dropped 0.5 per cent after US Federal Reserve minutes showed some officials were willing to raise interest rates.

AAP

Service returns after ANZ app and online banking outage

An outage lasting several hours has struck ANZ's app and online services, sparked by a "technology issue relating to a third party vendor".

AAP

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Abandoned Wells, Methane-Emission Loopholes and Underground Toxic Waste Dumps All Raise Concerns

Here are the world’s top banks financing fossil fuels — is yours on the list?

Capital & Main

RBA interest rate hold prompts stock upswing

The ASX200 finished up across the board after the Reserve Bank elected to hold fire on raising interest rates despite fears of lingering inflation.

AAP

Spotlight on RBA after concerning inflation data

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

AAP

Australian shares tumble as RBA rate rise back on table

The ASX200 has fallen 1.4 per cent as investors fear persistent inflation could convince the Reserve Bank to raise interest rates once more.

AAP

Why big four bank CEO thinks Newcastle ticks more boxes than capital cities

'It's a part of the country that stacks up incredibly well.'

Newcastle Herald

Rising rents eating up low-income worker pay gains

Both mortgage and rental affordability worsened over the March quarter based on latest ANZ and CoreLogic analysis.

AAP

The driving force behind publican John Elsley's desire to succeed

It's about family for this Newcastle publican.

Newcastle Herald

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AAP

Aust shares edge higher even as odds of quick cuts dim

The ASX200 has finished 0.2 per cent higher even as a US labour market report blew out expectations, reducing the chances of a June interest rate cut.

AAP

ANZ will pay $57.5m in credit card interest lawsuit

ANZ is paying to settle a lawsuit alleging the bank retrospectively cancelled credit card customers' interest-free periods.

AAP

Rates on hold but RBA 'not ruling anything in or out'

Interest rates have been left steady for another meeting and the Reserve Bank has kept its options wide open when it comes to future moves.

Top News

Australia Regulator Warns ANZ, Suncorp Buyout Not Approved

ACCC warns against assuming approval of ANZ's buyout of Suncorp's insurance arm. Ongoing monitoring to protect competition and consumer interests in the Au...

The Guardian - AU

Afternoon Update: ANZ-Suncorp merger approved; Littleproud calls for big supermarkets to be ‘sold off’; and US urges Israel to drop Rafah plans

Australian competition tribunal finds $4.9bn bank merger represented a ‘net public benefit’

AAP

Aust shares edge lower on big day for earnings reports

The local share market has finished 0.1 per cent lower as BHP, Sonic Healthcare, Sims, Humm Group and others reported first-half earnings.

AAP

ANZ, Suncorp welcome takeover approval as ACCC reflects

ANZ's proposed $4.9 billion takeover of Suncorp's banking arm will proceed after a tribunal found it would not lessen competition but would benefit consumers.

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