James Eyers

New chief executive Anthony Miller has set big internal cost-cutting targets, with more than 1500 jobs on the line.

The big investor says it was drawn to the miner’s shift to metallurgical coal and remains committed to net zero by 2050 after buying shares last week.

Analysis by three major banks showed only between 4 and 14 per cent of customers reduced direct debit repayments.

IAG will add The Royal Automobile Club of Western Australia to its brand portfolio after striking a similar deal in Queensland six months ago. 

Quarterly updates from the business bank and payments player met a savage market reaction, with loan and sales growth undershooting because of business uncertainty.

A pre-Easter email from Treasury officials to regional banks seeking detailed cost data suggests plans for a cost-sharing levy remain in the works.

Australia is expected to be the first major market to embrace numberless credit cards in the next two years, according to Mastercard.

The bank is deepening connections with Amazon Web Services and Microsoft, including putting IT teams together in a new US office.

Crypto exchanges will have to meet the same basic governance requirements as banks under a long-delayed policy to regulate the local sector.

Matt Comyn and Andrew Irvine offer a view of an uncertain environment where upheaval could create big productivity gains – or cause serious harm.