Category : Search result: Australia banking news


Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Australia pledges 65% emissions cut by 2035

Prime Minister Anthony Albanese unveils Australia's ambitious new 2035 emissions reduction target of 65%, positioning the nation as a global leader in climate action while ensuring economic stability.

Virgin Australia to Allow Pets in Cabins from 2025

Virgin Australia is set to revolutionise air travel by allowing pets in cabins on select domestic routes from 2025. Here's everything you need to know about the new policy, including costs, eligible animals, and how it will work in practice.

Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

Lloyds blocks card over twin sister identity mix-up

A Lloyds Banking Group customer reveals how a system error mistakenly linked her identity to her twin sister, leaving her unable to access her new credit card and trapped in a bureaucratic loop for weeks.

TSB Axes All Credit Cards: Key Dates for Customers

TSB Bank announces the complete closure of its credit card operations, impacting all customers. Find out the key dates, reasons behind the decision, and essential steps to protect your finances.

ANZ Bank fined £375k for major governance failures

Australia's ANZ Bank has been slapped with a hefty A$750,000 fine for 'widespread' corporate misconduct and failing to maintain proper share dealing policies for its directors, following a landmark Federal Court ruling.

Australia cuts skilled migration, new hurdles for UK applicants

In a major immigration overhaul, Australia cuts its skilled worker visa quota and raises the bar for applicants. Discover how new points tests, higher salary thresholds, and stricter English requirements will impact British nationals seeking a life down u

RBA to Ban Card Surcharges, Banks Fight Back

The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

British Men Killed in Kangaroo Island Car Crash

Two British men have tragically lost their lives following a single-vehicle crash on South Australia's Kangaroo Island. The fatal incident occurred on the Playford Highway, casting a shadow over the popular tourist destination.

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

UK Couple's Honest Verdict on Life in Australia

A British couple reveals the incredible highs and surprising lows of swapping their life in the UK for a new start in Australia, sharing their honest journey and the one thing they desperately miss.

Barclays charges £100 fee for 67p overdraft

A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.

Autumn 2025 Bank Closures: Full List of Shutting Branches

Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.

Barclays & BoS Face Massive Fines Over Unfair Mortgages

The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers

UK Banks Axe 74 Branches in Six Weeks

Major UK banks are accelerating branch closures, shutting down 74 locations across England, Scotland, and Wales in a devastating six-week blow to local communities and the elderly.

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

Osborne's Robey Warshaw in shock Evercore takeover bid

Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.

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