Business
Banking & finance
‘Who pays for all that?’: CBA small business boss queries wage hikes
One-in-four small businesses were not passing on the costs of higher inflation to customers, amid labour and supply chain issues.
- by Charlotte Grieve
Latest
Barrenjoey’s value hits $750m as Barclays ups stake
Magellan-backed investment banking challenger Barrenjoey has picked up an extra $75 million from UK banking giant Barclays.
- by Clancy Yeates
‘Incredibly efficient’: Stock picker Wilson backs super-for-housing scheme
Wilson Asset Management chairman Geoff Wilson has thrown his support behind the scheme to allow first home buyers to withdraw $50,000 from super to buy a deposit.
- by Charlotte Grieve
From butchers to hairdressers: Block plots Afterpay expansion
The owner of Afterpay will offer the buy now, pay later service to its “bricks and mortar” customers including butchers, restaurants and hairdressers.
- by Clancy Yeates
Opinion
Home loans
Fighting off fintechs: CBA introduces the 10-minute DIY home loan
In the time we might take to have a quick shower, buy a coffee, wait for a bus or get changed for the gym, CBA is now promising some applicants will be able to digitally apply for a home loan.
- by Elizabeth Knight
CBA’s Comyn seeks to fend off ‘attackers’ with digital loan push
Commonwealth Bank chief executives Matt Comyn is betting more Australians will want to take out a mortgage online.
- by Clancy Yeates
Opinion
Cryptocurrencies
War on Terra: The nets are set to close in on key parts of crypto system
The convulsions and implosions in the crypto universe are galvanising regulators and legislators around the world.
- by Stephen Bartholomeusz
‘Aussie’ John Symond backs super-for-housing scheme
Instead of inflating prices, Symond argues the policy would encourage people to be more cautious about bidding up prices because they’re using their own savings.
- by Clancy Yeates
Austrac boss defends financial crimes regulator, says casinos must improve
The chief executive of financial intelligence agency Austrac, Nicole Rose, has rejected criticism it was overly focused on banks.
- by Clancy Yeates
Editorial
Organised crime
Organised crime thrives because NSW cannot follow the money
A secret briefing by the NSW Assistant Commissioner of Police has thrown the spotlight on the gaping holes in money laundering legislation.
- The Herald's View
Housing slowdown ‘a good thing’, says CBA’s Comyn
Australia’s biggest mortgage lender says lower house prices would be welcome news for housing affordability and the stability of the financial system.
- by Clancy Yeates