Focus
Australian Banks
$50 Million Penalties Loom for Companies Allowing Scams Under Proposed Australian Law
A proposed new code aims to stop Australians losing almost $3 billion to scammers as they did last year.
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Most Populous Australian States Struggling Compared to Smaller Regions: CEO
NAB’s CEO says WA, QLD, and NT see strong growth, but an economic divide persists.
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Australian Lenders Failing to Assist Struggling Customers: ASIC
Despite being required by law to have processes to assist customer who are in debt, banks have made the process so complex that a third of people give up.
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Banks Not Paying Customers Enough Interest: ACCC
The ACCC has found that in the first six months of 2023, on average 71 percent of eligible accounts did not receive bonus interest in any given month.
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Major Bank Backs National Digital ID ‘For All Australians’
National Australia Bank believes industry and community-led digital ID will complement and extend the reach of government digital ID.
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$50 Million Penalties Loom for Companies Allowing Scams Under Proposed Australian Law
A proposed new code aims to stop Australians losing almost $3 billion to scammers as they did last year.
|
Most Populous Australian States Struggling Compared to Smaller Regions: CEO
NAB’s CEO says WA, QLD, and NT see strong growth, but an economic divide persists.
|
Australian Lenders Failing to Assist Struggling Customers: ASIC
Despite being required by law to have processes to assist customer who are in debt, banks have made the process so complex that a third of people give up.
|
Banks Not Paying Customers Enough Interest: ACCC
The ACCC has found that in the first six months of 2023, on average 71 percent of eligible accounts did not receive bonus interest in any given month.
|
Major Bank Backs National Digital ID ‘For All Australians’
National Australia Bank believes industry and community-led digital ID will complement and extend the reach of government digital ID.
|