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Aged man looking at empty wallet. | Newsreel

Banks to refund fees to low-income customers

Customers on low incomes will be refunded more than $28 million, after banks were found to have knowingly kept them in high-fee accounts. An Australian Securities and

Banks urge re-think on data sharing platform

A national data-sharing program which has cost government and banks hundreds of millions of dollars to implement and maintain is being used by less than one percent of

Mobile payments surge past cash withdrawals

The value of purchases made with mobile phones in Australia has passed the amount of cash withdrawn from ATMs. A new report from the Australian Banking Association (ABA)

ANZ-Suncorp deal to boost disaster resilience

Federal Government approval of the ANZ purchase of Suncorp’s banking operations will mean a boost to Queensland’s disaster resilience. State Treasurer Cameron Dick

New banking code enhances protections

A new Banking Code of Practice will see changes to the definition of a small business and expand financial difficulty provisions. The Australian Securities &

Partnership supports athlete’s Olympic dreams

A Brisbane-based workforce solutions company has joined a campaign to help keep Australian athletes on the path to Olympic glory. PeopleIN, which has headquarters in

Anti-scam plan keeps everyone in the loop

A new anti-scam intelligence loop has been established to facilitate better exchange of intel between government agencies, banks, telecommunications companies and

Financial institutions awake to nature risks

Within two years almost half of Australia’s banks and superannuation funds will have set nature-related targets for their businesses, according to the Australian

Mortgage defaults down despite rate pressure

Mortgage defaults are lower than pre-COVID levels despite the pressure of rapid interest rates rises, banking chiefs have told the Queensland Futures Institute 2024

Poorly located homes driving insurance rises

A Queensland insurance leader has cautioned against putting homes in the wrong places in the rush to address supply and affordability issues. Suncorp Group Chief

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