Banking products
Analysis
Cash
Savers can earn over 5 per cent, but only if they read the fine print
Be prepared to jump through hoops to earn a high rate of interest on savings.
- by John Collett
Latest
Hundreds of crypto ATMs popping up in suburban shopping malls
ATMs allowing people to buy bitcoin and other crypto in newsagencies, convenience stores, service stations and shopping centres are rapidly increasing.
- by Caitlin Fitzsimmons
Analysis
Collectables
$3000 for a thermos: Why dead company merch can be worth top dollar
When a company folds, like Silicon Valley Bank or Lehman Bros, branded items become even more exclusive – and valuable.
- by Stefan Von Imhof
Banks defend branch closures as their customers move online
Australia’s big banks say more of their customers prefer online banking rather than visiting a branch, leading to a sharp decline in over-the-counter transactions.
- by Clancy Yeates
Analysis
Home loans
Tide starts to turn on fixed rates amid bets RBA is close to done
Banks are taking the knife to fixed-interest rate mortgages, as financial markets bet the Reserve Bank may have done enough to cool inflation.
- by Clancy Yeates
Banks put in ‘speed bumps’ as they fight a surge in scams
For years, banks have pursued digital changes allowing people to move their money more quickly. Now NAB says more friction is needed.
- by Clancy Yeates
‘Game changer’: Smartphones take on new role in payments battle
First, smartphones were transformed into digital wallets, now technology giants and banks want to turn phones into devices that can receive payments as well.
- by Clancy Yeates
Analysis
Analysis
Why banking’s need for speed could also be its key risk
A big lesson from a turbulent month in global banking is that digital banking and social media have introduced new risks to the industry.
- by Clancy Yeates
Banks belatedly reward savers with RBA tipped to hold rates
Australian banks have stepped up their efforts to offer savers the benefit of successive interest rate hikes as competition for retail deposits finally heats up amid higher wholesale funding costs.
- by Clancy Yeates
Analysis
Cryptocurrencies
Why is bitcoin on the rise when US banks are collapsing?
Are investors using cryptocurrencies as a safe harbour in the banking storm?
- by Nicole Buckler and Samantha Howard
Opinion
Opinion
Even strangers are suddenly asking me if they should stuff their money under the mattress
The world has never jacked up the cost of borrowing this fast, so chances are something would go wrong.
- by Chris Richardson