News
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21 March 2017 |
AFR
The g
overnment's decision to water down race hate protection laws could cost it up to six seats due to a backlash from ethnic groups, even though the changes will never become law, party insiders have warned.
20 March 2017 |
AFR
NAB 
and Westpac have defended their move to raise interest rates, arguing that adjusting prices is the safest and most effective way to manage growth of their loan books.
Banks have come under attack for last week's decision to raise interest rates for investors and owner occupiers in a move that was framed as a response to loan growth caps from regulators and a means to pass on additional funding costs.
20 March 2017 |
AFR
Th
e chairman of the corporate regulator has renewed calls for the federal government to boost penalties for breaching corporate law, after Westpac Banking Corp and ANZ Banking Group paid a paltry $6 million following revelations of failures in their foreign exchange divisions.
20 March 2017 |
SMH
Medi
bank has hit back against claims it misled and deceived consumers by secretly changing some of its policies, saying it has "always been very clear with members".
The Australian Competition and Consumer Commission is suing the former government-owned entity in the Federal Court over misleading and deceptive conduct.
20 March 2017 |
The Guardian
Industry Super Australia has produced a dark advertising campaign that attacks Australia’s major banks, warning workers about the banks’ lobbying efforts in Canberra.
In a 45-second ad, released on Monday, the big banks are portrayed as foxes that are scratching to get into a suburban chicken coop.
19 March 2017 |
The Age
Kate
Zizys, 46, has been underemployed her entire working life in Australia.
Earning less than $20,000 a year from casual work, she is one of 1.1 million Australians who want more hours of work than they are getting.
19 March 2017 |
AFR
Property buyers will be quizzed about their tax residency under new anti-money laundering rules being introduced by Westpac and its subsidiaries' St George Bank, Bank of Melbourne and BankSA.
19 March 2017 |
AFR
The
same-sex marriage debate inside the government has reignited after Immigration Minister Peter Dutton's tirade against business leaders who campaign on social issues rather than tax or industrial relations reform.
18 March 2017 |
The Age
Aus
tralia is poised for widespread political instability as more than one in four voters flee the two-party system, political analysts say.
Disgust and disappointment with major parties is approaching historic levels as Australians follow British and Americans voters and reject new age politics.
18 March 2017 |
AFR
The 
world's leading finance ministers will end two days of talks on Saturday struggling to agree on a final statement amid deep divisions over trade and protectionism in the wake of US President Donald Trump's "America First" plan.
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