Millions of Australians who were unable to bank online or through their app are now able to log on, after a “technology issue” with a third-party saw them locked out of the services. An ANZ outage reported around lunchtime on Tuesday sparked chaos across the nation, with online banking andContinue Reading
One of the big four banks has been slammed for removing cash services from multiple Sydney branches. The outrage has played out off the back of a mass branch exodus for all of the major financial institutions with more than 2100 branches closed across the country over the last sixContinue Reading
Australian banking giant ANZ has reported a profit of more than $7 billion despite facing “external challenges”. The big four bank announced on Monday an audited profit of $7.09 billion for the full year ending September 30, 2023. The banking giant’s cash profit also rose in 2023 by 14 perContinue Reading
“Your call is important to us”, is one of the great modern lies. How much of our all-too-brief lives is spent kept on hold on the phone listening to jangling music and being told how important our call is? Of course, it’s not important enough to be answered promptly. HaveContinue Reading
A flashy former bank staffer will be allowed to contact her husband after they were both allegedly involved in a financial scam syndicate. Sara Daizli cut a glamorous figure when she appeared in Sydney Downing Centre Local Court on Wednesday, wearing a beige designer outfit and white platform heels. TheContinue Reading
Economists say whether or not the Reserve Bank of Australia raises interest rates one more time after their monthly board meeting next week or not, Aussies will feel the pain for months to come. Australia’s central bank has hiked interest rates every month since May last year, with the exceptionContinue Reading
Customers often “bemoan” and complain about the closure of bank branches across Australia but rarely use them even when they are open. ANZ CEO Shayne Elliott made the claim today at a hearing of the House of Representatives Standing Committee on Economics. Across Australia, the ANZ Bank has closed 287Continue Reading
A Melbourne mother who kept an elderly woman as a slave in a “terrible ordeal” has had her jail sentence extended after details of a phone call were aired in court. Two years after Kumuthini Kannan and her husband Kandasamy Kannan were found guilty of slavery offences by a SupremeContinue Reading
The New Zealand government has forked out $5 million in a last-minute bid to save the country’s North Island ski season after a major skiing operator collapsed. The 11th hour loan of NZ$5 million (A$4.6 million), confirmed just days ahead of the season opening on July 1, was announced toContinue Reading
A devastated businessman has shared the chilling moment a scammer taunted and threatened him over the phone after stealing $130,000. Sydney man Paul Trefry said his “stomach dropped” when he realised he had been duped in a sophisticated phone scam last month. The 56-year-old sculptor explained that he had receivedContinue Reading