Australian banks buckle to pressure over scams and vow to block transfers to suspect accounts | Banking

Australian banks have buckled under pressure and will do more to fight scams by introducing technology…

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The great wealth transfer: how Australian banks, supermarkets and airlines have moved billions from customers to shareholders | Business

Australia’s banks have announced $6bn in share buybacks after generating windfall profits, part of a trend…

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Backlash grows over banks’ push to turn Australia into a cashless society as branches close and more restrictions are placed on how you can access your cash

A petition to stop Australia from becoming a cashless society has gained more than 120,000 signatures…

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Foreign bank lending to Australian offices hits record as local banks retreat

SYDNEY, July 28 (Reuters) – Foreign bank lending to Australian office real estate hit a record…

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Australian Banks Say Low Unemployment Is Buffering Home Loans

SYDNEY (Reuters) – The CEOs of Australia’s two biggest banks said on Thursday a tight labour…

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Jo was scammed out of $4,000. She wants Australia’s banks to be responsible for paying it back | Banking

On the phone, “William McAuley” was calm and helpful. Jo, who did not want her last…

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Australia banks go Cashless: Queensland mum Taryn Comptyn told she can’t withdraw cash from bank

A fed-up mum has cut ties with ANZ and lashed out online after being told she…

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Banks ANZ and NAB no longer permit large cash withdrawals, customers told to book

Australians are warned to make bookings if they want to make cash withdrawals as banks go…

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How US Regulators Are Boosting Big Banks’ Requirements for Cash

jk78 / Getty Images/iStockphoto Regulators are preparing to increase bank capital requirements following the notable bank…

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