FORGOTTEN HISTORY: 14 - The Untold Story

Threat of higher rates remains, but peak may be in sight

The Reserve Bank is prepared to hike interest rates again in June, but has signalled mortgage bills may now be high enough cool inflation.

The New Daily · May 16, 2023

Consumer confidence sinks following rate hike, budget

Consumers remain down in the dumps after the 2023/24 federal budget failed to meet the expectations of those under financial stress.

The New Daily · May 16, 2023

Has Jim Chalmers’ budget really poured fuel on the inflation fire? Don’t believe the hype

Headlines stoked fears of ‘stimulatory’ measures but you only need to look at the big banks and markets to see the reception was calm

The Guardian - AU · May 11, 2023

‘Disappointing’: Big banks post huge profits, but leave savers behind

Some of Australia’s big banks are posting gargantuan profits this week as rising mortgage bills fatten their coffers.

The New Daily · May 5, 2023

US regulator proposes new sanctions on Meta over children's privacy concerns

The US Federal Trade Commission has unveiled a proposal that would bar social media giant Meta from profiting off the personal data collected from child users. The FTC is accusing Facebook and Instagram's parent company of repeated violations of data privacy policies. Also in the show, regional US lender WestPac…

France 24 · May 4, 2023

Which banks have passed on the May RBA rate rise to mortgage borrowers? NAB kicks it off, as ANZ follows

Here is a breakdown of which major banks have responded to the RBA's decision, and which ones we're still waiting on.

ABC News · May 4, 2023

RBA surprise interest rate hike catches out seasoned pundits and borrowers alike

For many of the Reserve Bank’s first 10 increases, the question was the size of the hike – not whether one was coming

The Guardian - AU · May 2, 2023

Analysts predict RBA will leave cash rate at 3.6% for second consecutive month

But CBA, the nation’s largest mortgage lender, thinks a rise to 3.85% is likely before cuts start in November

The Guardian - AU · May 1, 2023

Brazen hold-up by two masked men in Westpac branch at Manuka

Two offenders wore COVID masks during Manuka hold-up

The Canberra Times · Apr 28, 2023

Westpac Group expands fee-free ATM network amid mass retreat

Westpac Group is expanding its fee-free ATM network to almost 7000 locations as banks continue to pull away from physical branches.

The New Daily · Apr 18, 2023