Page 4 - Jonathan Mott News Today

The big four banks will not increase deposit rates for existing customers on their main savings accounts, even as they pass the full RBA rate rise to home borrowers, despite political pressure to reward savers

While Commonwealth Bank shares are setting fresh records, there’s no shortage of uncertainty around the outlook for the banks as cohorts of borrowers face a tough period.

One of the nation’s top bank analysts says Treasurer Jim Chalmers’ ambitions to remake capitalism signal a “significant change to a more interventionist approach to markets, finance and the economy”.

Banks are closing branches at the fastest pace since 1990s, the Finance Sector Union says.

Banks are closing branches at the fastest pace since 1990s, the Finance Sector Union says.

Banks are closing branches at the fastest pace since 1990s, the Finance Sector Union says.

Banks are closing branches at the fastest pace since 1990s, the Finance Sector Union says.

National Australia Bank Limited (OTCPK:NABZY) Q3 2022 Earnings Conference Call November 8, 2022, 06:30 PM ET Company Participants Sally Mihell - Head of IR Ross McEwan - Group CEO Gary...

Australia and New Zealand Banking Group (OTCPK:ANZBY) Q4 2022 Earnings Conference Call October 26, 2022, 07:00 PM ET Company Participants Jill Campbell - Head, IR Shayne Elliott - CEO...

ANZ and Macquarie’s results this week should help explain why the big four banks are rallying, and Macquarie is sliding.