Finance lenders are under increased scrutiny after claims of dodgy loans in Queensland. Matthew Timms, 24, was interviewed by 7NEWS after a frustrating ordeal with finance company, Pepper Money, which specialises in ‘consumer lending and residential mortgages’, according to their website. Timms purchased a four-wheel drive car for camping and off-road driving and was recommended … Read more
Westpac customers will have more bank branches available for cash transactions as part of a new plan to support customer accessibility. The company said customers can visit any Westpac, St George, BankSA or Bank of Melbourne branch across Australia for their cash transactions, with new technology now connecting the branch network. “This completes a major … Read more
A technical issue locked ANZ customers out of their accounts for several hours, with the bank scrambling to address the nationwide outage and get services back online. A spokesperson for the bank confirmed the issue on Friday afternoon, saying it was affecting the ANZ app, online banking, credit and debit card transactions, as well as … Read more
Australian welfare recipients may notice a disruption to services after Services Australia staff announced they would soon be striking early next month. The workers are expected to walk off the job on Monday, October 9, over a pay dispute. The 24-hour strike may impact several government services including Centrelink and health insurance. For more Personal … Read more
The Reserve Bank of Australia has held interest rates steady for a fourth consecutive month. But a hike before the end of the year remains possible, according to one of the big four banks. The cash rate remains 4.1 per cent after the RBA board met on Tuesday, the first time since Michele Bullock took … Read more
A Victorian residential builder has entered liquidation and terminated all of its staff. River Dale Building Group Pty Ltd, which trades as Chatham Homes, appointed AS Advisory as its liquidator on Monday, October 2. The firm said Chatham Homes stopped work on all of its current 50 residential home projects in Victoria, while there were … Read more
A bespoke South Australian residential home builder has collapsed and appointed an external administrator. Residence Building Group is the latest builder in the state to enter voluntary administration, following the collapse of four other companies over several months. The company has seven current home builds, including a project in the Adelaide Hills and homes under … Read more
Thousands of dollars are up for grabs for Queenslanders, with an energy-saving cashback scheme expanded to include businesses. The Queensland government scheme now offers thousands of dollars in rebates to encourage energy efficiency to small to medium businesses. It was previously only available to households. From October 5 the Queensland government advised it will “rebate … Read more
Services Australia staff are striking for 24 hours on Monday over a pay dispute. Workers walked off the job on Monday, with the strike possibly impacting Centrelink and health insurance services. However, Services Australia general manager Hank Jongen told 7NEWS.com.au last week it was “making preparations to minimise potential disruption to our customers”. “We respect … Read more
Commonwealth Bank is cutting almost 200 jobs across three Australian capital cities, blaming a downturn in retail banking, a union representing workers said. The Financial Sector Union said, following talks with Commonwealth Bank Australia, 192 jobs would be cut from Sydney, Melbourne and Perth in sectors including consumer finance, everyday banking, home buying operations and … Read more
