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24 April 2019 • By Eliot Hastie • 1 min read

CBA to face Fair Work Commission over alleged job cuts

The Finance Sector Union of Australia has lodged a dispute with the commission over alleged job cuts that have been proposed by Commonwealth Bank

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NAB added remediation to hurt profit

NAB’s extended remediation provisions of $525 million post-tax will reduce its cash profit by around 10 per cent for the first half and 5 per cent for ...

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Fighting Climate Change golden opportunity for investors

Prominent investor Jeremy Grantham has released a white paper detailing how the climate change sector will provide strong investment opportunities

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Australian Ethical expecting 19% profit increase

Australian Ethical has released its guidance for the 12 months leading up to June, expecting its full year underlying net profit after tax to be ...

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NAB to fork out another $525m in remediation

The major bank has announced additional charges of $525 million after tax in connection with increased provisions for its customer-related remediation ...

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CBA to start reimbursement next week

The Commonwealth Bank has advised that it will begin a reimbursement process to current and former staff for lost wages from next week.  The ...

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Banking sector reputation takes ‘major hit’

The major banks have seen their reputations significantly downgraded in an annual perception survey, with AMP placing last out of 60 Australian ...

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Westpac commits to renewable energy

Westpac has announced its commitment to renewable energy by vowing to source the equivalent of 100 per cent of its global electricity consumption ...

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Finance job openings up 10% post-RC

Job opportunities within the finance and insurance services sector were up 10 per cent in the first quarter of 2019, continuing its recovery following ...

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Housing price falls threaten higher negative equity

Further housing price falls could leave a number of borrowers vulnerable to degraded housing equity, to the point of becoming negative, the Reserve ...

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