Chris Marco appeals 14-year Ponzi scheme sentence
Convicted fraudster Chris Marco launches appeal against 43 fraud convictions and 14-year prison term for WA's massive $253 million Ponzi scheme. Read the latest developments.
Category : Banking
Australia's New Crypto Licensing Rules for 2025
Australia introduces comprehensive cryptocurrency regulations requiring digital asset platforms to obtain financial services licenses, balancing privacy and compliance while bitcoin trades near $105,000.
Westpac vows no regional branch closures until 2030
Westpac promises to keep all regional branches open until at least 2030, ensuring continued banking services for rural communities across Australia.
Sydney women charged in $70m fortune teller scam
Two Sydney women face court over an alleged $70 million fortune teller scam targeting the Vietnamese community. Police seized gold bars and luxury items in raids.
Big Four Banks Profiting from Fossil Fuels
Australia's Big Four banks face scrutiny as report reveals $7.5 billion fossil fuel profits. Climate activists demand immediate action on climate commitments.
Canberra lawyer's share dilution drama exposed
Exclusive investigation reveals how prominent Canberra lawyer Ben Aulich allegedly diluted his firm's shares following a bitter falling out with former partner Jack Pappas, raising serious legal and ethical questions.
RBA Holds Cash Rate at 4.35% Amid Inflation Pressure
The Reserve Bank of Australia maintains its cash rate at 4.35% for the fifth consecutive meeting, balancing stubborn inflation against economic growth concerns. Find out what this means for your wallet and the economy.
Cash Mandate Consultation Extended Amid Public Backlash
The Australian government extends consultation period for controversial cash mandate amid reports of submission portal difficulties and widespread public backlash.
Hunter accountant admits $850k fraud scheme
A Hunter Region accountant has admitted to orchestrating an elaborate $850,000 fraud scheme, leaving local businesses reeling and facing potential jail time after systematic theft spanning years.
Gen Z Outspends Older Generations Despite Economic Pressures
Exclusive Bankwest customer analysis shows Generation Z continues to outspend older generations despite cost-of-living pressures, revealing surprising spending habits across Australia.
Bank Fine Print Warning for Australian Savers
Australian banking expert warns savers to scrutinise account terms as interest rates are predicted to remain stagnant, with some institutions quietly changing conditions.
Cash Decline & Bank Closures Deepen Financial Hardship
AFCA chief David Locke reveals how the rapid decline of cash and bank branch closures are creating severe financial hardship across Australia, hitting vulnerable communities hardest.
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