Westpac chief Gail Kelly has joined the chorus of bankers warning borrowers may not be so lucky after the next RBA cut
Non-banks have entered the rate cutting fray after major lenders finally moved last week
Prolink Finance Solutions’ Muzi Dandachli will be postponing holidays until late January or early February to cope with demand which is having his business colleagues ‘chasing their tails’
ANZ has become the first major bank to move in the wake of the RBA's rate cut, followed closely by the other majors and two second tiers
Having benefited greatly from a merger during the financial crisis, Commonwealth Bank CEO Ralph Norris has declared that the era of major acquisitions for the Big Four is now over
Having prepared for a worst-case scenario, the major banks suddenly find themselves in the middle of an economic recovery with bad debt write-offs nowhere near what was previously estimated.