
Tech issue, not hacking, to blame for mass banking outage
The company responsible for a mass web outage that hit three of Australia’s big four banks, Virgin and Australia Post, among others,...

Credit card debt has fallen, but this trend has financial counsellors worried
People should be careful to avoid a Christmas debt hangover, financial counsellors have warned, despite Australians reducing their credit card bills amid...

ME Bank boss resigns following mortgage redraw backlash
The chief executive of ME Bank has resigned, after more than a decade running the industry super fund-owned bank. Jamie McPhee will...

Swimwear brand Seafolly in administration, blaming ‘crippling’ coronavirus hit
Australian swimwear brand Seafolly is the latest retailer to enter administration, citing the “crippling financial impact” of the COVID-19 pandemic. Administrators from...

Australian sharemarket rebounds after worst plunge since 1987
There was a strong chance that Australian shares would tank even further on Tuesday. Instead, the local share market unexpectedly surged, attempting...

ASX extends its seven-session losing streak, but losses moderate in afternoon trade
The Australian share market has extended its losing streak to a seventh straight session, despite a widely anticipated interest rate cut tomorrow,...

AMP posts hefty loss – but boss still in line for hefty bonus
AMP has posted a steep full-year loss and shareholders will not receive a dividend, but chief executive Francesco De Ferrari could be...

Bushfires and coronavirus twin disasters hit Australia’s tourism sector
Jason Cronshaw runs bus tours in New South Wales’ Blue Mountains and normally has six hop-on, hop-off buses on the road over...

Oscar Wylee sued by the ACCC, accused of misleading claims about donating glasses
Glasses chain Oscar Wylee is being sued by the consumer watchdog for allegedly making misleading claims about donations to charity. The Australian...

Ticket reseller Viagogo defends practices in face of consumer and industry backlash
Jane and Shane Johnson wanted to see more live music, so when they heard American musician Rodriguez was touring Australia, they jumped...