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Late repayments – an indicator of borrower stress – remain lower than pre-COVID levels.

The big banks are making billions and there’s good news for households

Major bank profit results are always a big deal for investors, but recent updates also point to how the financial landscape is changing for borrowers.

  • Clancy Yeates

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Commonwealth Bank chief executive Matt Comyn.

Bring back the humans: CBA’s embarrassing AI jobs bungle a salutary lesson 

It is clearly a bad look for the bank that talked up embracing the new technology to so publicly mishandle this particular aspect of its implementation.

  • Elizabeth Knight
Bank branches can dodge the fate of video rental stores, the banking industry’s peak body says.

How bank branches can avoid the fate of video stores

Bank branches won’t disappear, but what happens in them will be very different in five to 10 years, says the Banking Association’s outgoing boss Anna Bligh.

  • Clancy Yeates
Australian banks are among the safest in the world.

I’ve just sold my farm. What’s the best way to park the money for a while?

First, don’t focus on unlikely disasters when making a decision.

  • Noel Whittaker
A section of the Yarlung Tsangpo River, where China this month started building the world’s largest hydroelectric dam.

Why a Chinese mega-dam has taken the gloss off CBA’s lofty share price

The two biggest sectors of the ASX moved in opposite directions last month and construction of a 1.2 trillion yuan reservoir in Tibet is part of the reason why.

  • Clancy Yeates
Young Australians are turning back to credit cards, but they’re not always a good idea.

Beware the hidden landmines in our credit card fees

Penalty interest rates are often wildly out of step with the Reserve Bank’s steadily falling cash rate.

  • Noel Whittaker
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Westpac’s Anthony Miller said there appeared to be more evidence for cutting interest rates.

Westpac boss sees case for rate cuts after fall in inflation

The boss of Australia’s second-biggest retail bank says the number of people falling behind on loans is improving, and the lender expects rate cuts.

  • Clancy Yeates
NAB chief executive Andrew Irvine at the Australian Banking Association conference on Wednesday.

Nowhere to hide for NAB boss after drinking accusations

Banking circles have been awash with personal views and informal “wine” audits by shareholders and analysts after the accusations levelled at Andrew Irvine.

  • Elizabeth Knight
Andrew Irvine

NAB boss hasn’t engaged with board after ‘difficult’ week

NAB boss Andrew Irvine has made his first public comments since it was reported that investors had raised concerns about his management style and drinking at customer events.

  • Clancy Yeates
NAB chief executive Andrew Irvine.

Under-fire NAB boss set to return to public eye amid turmoil

NAB boss Andrew Irvine will make a return next week at the banking industry’s annual conference, but he will be a no-show at its gala dinner.

  • Colin Kruger