Banking

The RBA has left its cash rate target at 4.35% as widely expected. But is has raised expectations that hikes could come soon if inflation does not retreat in the way they want, but only if market conditions don't move first as they need

Household deposits in banks fell substantially in June as customers rearranged their tax affairs en masse, continuing a trend that started in 2023

June home loan activity was tough for NAB and Westpac, but Macquarie kept its momentum even as Commbank recovered some owner-occupier share. ANZ saw strength in lending to residential investors

In a month where over growth was low, the smallest of the main banks still managed to outperform their much larger rivals

In the home loan market, Macbank wins again in May, Commbank holds its position, ANZ wins back some lost positions, but NAB and Westpac shed some share

HSBC has admitted to serious failures in protecting customers from scams that cost some tens of thousands of dollars, including their life savings

As widely expected, the RBA has made no change to its 4.35% cash rate target after the three previous rate hikes. Uncertainty on inflation direction is high as fuel costs are expected to retreat soon

Some banks are failing in the mortgage wars, some are just holding on, while one is going toe-to-toe with the upstart leader, Macquarie

The main banks' muscle-up to the Macquarie challenge starts to show results for most of them. The rise of Bank Australia moves it out of the shadows too

After paying $1.7 mln in remediation to customers who did not get proper responses for their financial hardship claims, judge adds $26 mln civil penalty for the failures

For a third consecutive time, the Australian central bank has added another 25 bps cash rate target hike to 4.35%, reversing all of of its cuts since February 2025

February deposit flow analysis of APRA data shows one bank still hoovering up market share, and at an increasing rate. They raised their offer rates further today too

Macquarie is gobbling up market share in both the mortgage market, and the household deposit market, forcing most others into a defensive shoring up of their offers. It's competition at its best, with consumers winning

The Reserve Bank says the financial system is still "resilient" and that the vast majority of households will be able to weather the interest rate hikes. But it warns on over-reliance of our China trade links

If you really want to understand the latest RBA rate hike, Sophia Rodrigues offers a savvy independent analysis of the drivers behind it, and looks ahead

Most of the big five banks have said they will pass on the RBA's rate hike in full to borrowers with variable home loans. But there are differences from when that will apply - and they will take a touch longer to pass it on this time

The Australian central bank has doubled up with another 25 bps cash rate target hike to 4.1%, reversing most of of its cuts over the past year

While everyone else is fixated on the sharp falls in equity prices, we look at bond yields, and they have their own sharp responses

The latest APRA data shows dramatic shifts in where household deposits are flowing from and where they are flowing to

ASIC secures record $350 million in civil penalties and $583 million back to Australians in second half of 2025

The countdown is on for regulatory clarity on stablecoins, and it's time for banks, regulators and policymakers to prepare for what could be a fundamental reshaping of Australia's financial system. Here's what you need to know

All the big five banks have said they will pass on the RBA's rate hike in full to borrowers with variable home loans. But here are differences from when that will apply

The Australian central bank has bit the bullet and raised the cash rate target to 3.85% on inflation worries, with the protection of strong labour markets

Home loan market share is being grabbed by Macquarie, Commbank, Westpac and ING is a brutal reordering of the ranking in the giant mortgage market