Major lenders Westpac and National Australia Bank will face the House of Representatives standing committee on economics this week as it delves further into banking practices.
Australia’s mothers have missed out on more than $1.6 billion in retirement savings because the government refuses to pay super on its parental leave scheme.
The Australian Small Business and Family Enterprise Ombudsman has welcomed the Commonwealth Bank’s decision to implement automatic “least-cost routing” for those with a turnover of less than $250,000.
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