FED:'Grossly negligent': Westpac cops $26 million penalty The Federal Court has slugged Westpac with a $26 million penalty for failing to respond to customers who were facing financial hardship. AAP · May 27
Banks on notice as Westpac fined for failing clients Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message. AAP · May 27
Australian shares advance on US-Iran deal optimism Oil prices have started the week sharply lower, boosting risk sentiment and local equities, led by miners, IT stocks and consumer discretionaries. AAP · May 25
Mater hospital's future tied to legal liabilities and a web of companies Hospital caught in 'various legal and cost disputes'. Newcastle Herald · May 21
Aussie shares rebound after Trump postpones new attack The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran. AAP · May 19
Australian shares plunge to seven-week low The Australian stock exchange has fallen to its lowest level since early April as surging oil prices and runaway price growth send jitters through bond markets. AAP · May 18
AAP · May 5 Aussie shares trim losses but higher rates here to stay The Australian share market fell to a four-week low ahead of an expected interest rate hike, a clear RBA majority decision pointing to higher rates for longer.
AAP · May 4 Big bank warns of recession risk as uncertainty lingers The head of Australia's second-largest bank is more worried about businesses delaying investment decisions than the impact of higher interest rates.
The Guardian - AU · Apr 28 Trump administration urged to use ‘trade remedies’ to stop news bargaining incentive – as it happened Follow live
AAP · Apr 28 Banks to reveal how Iran conflict has affected earnings Investors will be watching the banks' provisions for bad debts when ANZ, NAB and Westpac report their half-year earnings in the coming days.
AAP · Apr 28 ASX extends losses as Gulf worries buoy oil prices Investor sentiment remains under pressure after weeks of earnings downgrades and the Middle East energy crisis weighing on hopes of future economic growth.
AAP · Apr 20 Female scientists transforming STEM knowledge gaps After a government women in STEM initiative ended, female scientists have taken it upon themselves to continue filling research gaps to improve health outcomes.
AAP · Apr 20 Big bank takes action as Middle East crisis rolls on National Australia Bank has followed Westpac to apply new measures to head off the impact of the Middle East conflict on its balance sheet.
The Guardian - AU · Apr 19 Ben Roberts-Smith denies war crimes allegations – As it happened All the day’s news as it unfolded
AAP · Apr 16 Warning for borrowers as RBA frets over its credibility The Reserve Bank is worried about 1970s-style runaway inflation if it loses credibility in fighting inflation, as analysts warn of up to five more rate hikes.
AAP · Apr 15 Fraud case stalls against fugitive developer's daughter Plea negotiations for the lawyer daughter of fugitive property developer Jean Nassif are bogged down despite months of assurances the case would resolve.
The Guardian - AU · Apr 14 ‘Stagflationary shock’ from Iran war a ‘nightmare’ as confidence crashes among Australian households Weakened economic activity, soaring fuel prices and rising inflation have created a horror scenario, RBA deputy governor says