Analysis
Open banking
The fight over $1.5 billion ‘game-changer’ that hasn’t lived up to the hype
When former prime minister Scott Morrison outlined his vision for an ambitious banking policy in 2018, he declared it would be a “revolution” for Australian customers.
- by Clancy Yeates
Latest
Rate rises will fail to tame inflation: $140b fund’s investment chief
The investment chief of UniSuper says monetary policy has run its course, and inflicting more pain on squeezed households is not the answer.
- by Clancy Yeates
ResMed, News Corp bosses top CEO pay tables in 2023
The average realised pay for the chief executive of an ASX100 company in the 2023 financial year was 50 times what an average Australian worker earned.
- by Clancy Yeates
Opinion
Big four
Is it too hard for middle Australia to get loans from risk-averse banks?
There is evidence that banks have become too conservative in lending to some businesses, and it’s hurting the economy.
- by Clancy Yeates
Updated
Mergers & acquisitions
Treasurer gives the tick to $4.9b ANZ-Suncorp deal
The transaction is the biggest banking deal in Australia since Westpac bought St George in 2008.
- by Clancy Yeates
Cash crisis averted as banks, retailers throw Armaguard $50m lifeline
Armaguard, owned by Linfox, will receive funding from its biggest customers, in a move aimed at securing supplies for at least the next year.
- by Clancy Yeates
Opinion
Cryptocurrencies
Bitcoin’s big moment on the Australian sharemarket proves one thing
Investors can now punt on bitcoin via the ASX in a milestone for Australian investors. It answers a key question.
- by Clancy Yeates
Opinion
BNPL
The real risk facing Afterpay and its rivals
Afterpay turns 10 this year and the tricky debate on how best to regulate buy now, pay later firms is still going on.
- by Clancy Yeates
Afterpay co-founder points to Gen Z, Millennials’ growing economic clout
The cost-of-living crisis has fuelled greater demand for buy now, pay later products – especially from younger Australians – says Block executive Nick Molnar.
- by Clancy Yeates
Downsizing not on the radar for most retirees: AMP
Many retirees are concerned about running out of savings, while also wanting to help their kids. But a new survey suggests most don’t want to respond by downsizing the family home.
- by Clancy Yeates
From mortgage checks to scam-busting: How your bank is using AI
Banking giants have plans for artificial intelligence that go much further than the often clunky chatbots used to answer customer queries.
- by Clancy Yeates