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    Banking & finance

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    Australian banks dismiss concerns over links to collapsed German fintech Wirecard

    Australian banks dismiss concerns over links to collapsed German fintech Wirecard

    Boutique lender ME Bank and Bendigo and Adelaide Bank as well as big four major Westpac all had commercial links to the collapsed German firm.

    • by Charlotte Grieve

    Latest

    NAB taps tech-savvy banker from Canada to run its largest division
    Big four

    NAB taps tech-savvy banker from Canada to run its largest division

    National Australia Bank has hired Andrew Irvine from Bank of Montreal as the new head of its 'jewel in the crown' business and private banking division.

    • by Clancy Yeates
    'I don't think they will return': NAB's McEwan warns 15 per cent returns are gone
    Exclusive
    Big four

    'I don't think they will return': NAB's McEwan warns 15 per cent returns are gone

    Six months into his tenure, NAB boss Ross McEwan is warning shareholders to brace for modest dividends even when the COVID-19 pandemic is over.

    • by Clancy Yeates
    The new normal
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    MLC2020

    The new normal

    Many of us discovered during COVID-19 that the ‘old normal’

    • by Sharon Bradley
    Experts answer your financial dilemmas
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    MLC2020

    Experts answer your financial dilemmas

    Is a tumbling superannuation balance making you feel queasy?

    • by Helen Ubels
    Judo Bank's Joseph Healy warns on 'zombie firms'
    Coronavirus pandemic

    Judo Bank's Joseph Healy warns on 'zombie firms'

    Judo Bank co-founder Joseph Healy warns small and medium businesses are taking on $25 billion in unproductive debt to survive the pandemic.

    • by Clancy Yeates
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    Westpac wins latest round of ‘shiraz and wagyu’ case battle with ASIC
    Big four

    Westpac wins latest round of ‘shiraz and wagyu’ case battle with ASIC

    The corporate watchdog has lost its appeal in the landmark 'shiraz and wagyu' case against Westpac over the bank's alleged breaches of responsible lending laws.

    • by Charlotte Grieve
    Super giant HESTA divests coal, commits to 'net zero' investments by 2050
    HESTA

    Super giant HESTA divests coal, commits to 'net zero' investments by 2050

    The super fund for healthcare workers has tightened its climate change policy and started divesting from thermal coal companies.

    • by Charlotte Grieve
    Senator calls for AMP probe as planners' debt soars
    Exclusive
    Financial planners

    Senator calls for AMP probe as planners' debt soars

    Labor Senator Deborah O'Neill has called on ASIC to investigate the wealth giant for changes to contracts with financial advisers that has left scores of them in debt.

    • by Charlotte Grieve
    Super returns at risk from climate inaction, study finds
    Exclusive
    Superannuation

    Super returns at risk from climate inaction, study finds

    Financial modelling by investment consulting firm JANA has found superannuation returns could suffer from government inaction on climate change.

    • by Charlotte Grieve
    The RBA 'jaw-boning' experiment keenly watched by the Federal Reserve
    Opinion
    RBA

    The RBA 'jaw-boning' experiment keenly watched by the Federal Reserve

    The US central bank is closely monitoring the Reserve Bank's unconventional intervention in the Australian bond market as it ponders whether to copy its move.

    • by Stephen Bartholomeusz