Who Can Access Your Bank Details? Protections Explained
After the arrest of two brothers for accessing Anthony Albanese's bank details, we explain who can see your financial data and what protections exist.
Category : Banking
Echidna Hack Exposes Big Four Bank Vulnerability
Anthony Albanese says the Echidna hack exposing a flaw in Big Four bank security shows the need for stronger cyber defenses and consumer protection.
Medicare to Cover Weight Loss Drugs in Pilot Program
Medicare will cover GLP-1 drugs like Ozempic for weight loss in a pilot program, potentially benefiting millions of seniors with obesity.
Welsh Water Shows Nationalisation Not a Cure-All
Welsh Water's not-for-profit status since 2001 reveals that public ownership alone doesn't solve utility woes, with middling performance on bills and spills, as Andy Burnham's nationalisation push faces complications.
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RBA Surprises with Rate Hike to 3.85% in Fight Against Inflation
RBA raises cash rate to 3.85% in surprise move, warning more hikes may be needed to combat persistent inflation.
RBA Rate Hike Adds $41 Extra Costs for Homeowners
RBA raises cash rate to 0.85%, adding $41 monthly cost for homeowners. Low-income households face extreme pressure as inflation rises.
RBA Hikes Cash Rate to 3.85% After Unexpected Inflation Jump
RBA hikes cash rate to 3.85% after unexpected inflation jump, adding $90 to monthly mortgage repayments on a $600,000 loan.
ACCC Sues Amazon Over Prime Video Ads Affecting 850,000
The ACCC alleges Amazon breached consumer law by introducing ads to Prime Video, affecting over 850,000 subscribers, with potential penalties up to $50 million.
King Charles Pays Minimal Tax Despite Vast Wealth
King Charles pays just £1.3m in tax on his £24m income from the Duchy of Lancaster, a tiny fraction of what a UK worker would pay on similar earnings.
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New ISA Rules: You May Now Pay Tax on Stocks and Shares
New ISA rules mean savers with stocks and shares ISAs could face tax on dividends and capital gains for the first time, starting from the 2026-27 tax year.
Physician Assistants Student Loan Crisis
Physician assistants in the US are struggling with federal student loan debt, with average balances exceeding $150,000, according to a new report.
Big Four Banks Increase Fossil Fuel Investment Despite Climate Pledges
Big four banks increased fossil fuel project financing by 50% in 2017, funding 17 new oil and gas projects despite Paris climate pledges.
HMRC Announces 22% Tax on Cash Interest in Stocks and Shares ISAs
HMRC has introduced a 22% tax on cash interest held in stocks and shares ISAs, affecting savers with large cash balances. The move aims to raise revenue and close perceived loopholes.
UK Watchdog Fines Gupta Metals Auditors
The UK's audit regulator has fined and banned the auditor of Sanjeev Gupta's metals empire, citing serious failures in the audit of GFG Alliance companies.
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Greens Back Government's Tax Changes After Loophole Deal
The Greens will support the government's capital gains tax and negative gearing changes after securing an amendment to close a loophole for self-managed super funds used by wealthy investors.
New Price Gouging Law for Coles and Woolworths from July 1
Australia's new excessive pricing law, effective July 1 2026, prohibits Coles and Woolworths from charging significantly excessive prices, but enforcement challenges remain.
SpaceX IPO Raises Concerns Over Retirement Savings
Guardian readers share concerns about how the SpaceX IPO and AI boom affect their retirement accounts, calling it a 'giant casino' and a 'scam'.
HSBC Fined $35M for Failing to Protect Customers from Scams
HSBC Bank Australia must pay $35 million after admitting it failed to protect customers from scams, with average investigation times of 144 days and $34.6 million in unauthorised transactions.
US Student Debt Repayment System Major Changes
The US student debt repayment system is being overhauled with new income-driven plans, reduced interest, and automatic enrollment to ease borrower burden.
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Does Your Baby Have a Pension Yet? If Not, Why Not?
Exploring the trend of parents opening pension accounts for newborns, weighing financial benefits against potential downsides of early saving.
ACT Gov's Higher Taxes for Polluting Vehicles Won't Work
Megan Doherty argues that the ACT government's plan to tax polluting vehicles more heavily is misguided and will not effectively reduce emissions.
RBA Hikes Cash Rate to 4.1%: Extra Costs for Australian Borrowers
RBA hikes cash rate to 4.1%, banks raise mortgage rates. Governor Bullock cites demand pressures, Iran war uncertainty. Oil prices surge.
Sydney Women Charged in $70 Million Fortune Teller Scam
Police charge two women in Sydney for allegedly defrauding $70 million from the Vietnamese community through a fortune telling scam.
Former Accountant Pleads Guilty to $1.4 Million Fraud Scheme
Former accountant James Burrows pleads guilty to defrauding clients and ATO of $1.4 million to fund gambling addiction.
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Canberra Lawyer Ordered to Pay $500K Over Share Dilution
Federal Court orders $500k compensation to Joanna Scott after share dilution by fellow lawyers Ben Aulich, Peter Woodhouse, and Erin Taylor.
BT Boss Kirkby's Pay Doubles to £5.6m
BT chief executive Allison Kirkby saw her pay and bonus package more than double to £5.6m, the largest award to a BT boss in over a decade, as the company's share price surged nearly 80%.
Services Australia Halts Card Printing After Data Breach
Services Australia has temporarily stopped printing concession and health care cards after a major data breach exposed personal information of thousands of Australians.
Nationwide Nearly Doubles CEO Pay to £4.7m
Nationwide building society nearly doubled CEO Debbie Crosbie's pay to £4.7m, including £3.2m in bonuses, despite criticism over governance and lack of member vote.
Stevie Nicks Donates $3M to USC for Voice Doctor Chair
Stevie Nicks has donated $3 million to the University of Southern California's medical school to create an endowed chair in otolaryngology honoring Dr. Joseph Sugerman, her longtime voice doctor.
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Bank Closures at 53 Per Month Leave Customers Frustrated
UK banks are closing at a rate of 53 per month, leaving customers like pensioners and small business owners struggling with app outages and limited access to face-to-face banking.
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