Banking, Accounting and Finance News
There has been plenty of bad press about Westpac’s sudden rate hike this week, but Morgan Stanley analysts say it could reach even further than most already fear.
National Australia Bank and Commonwealth Bank of Australia are joining a group of 20 global banks in a trial of “distributed ledger” technologies, which use the same “blockchain” approach that underpins bitcoin transactions.
The Federal Government has been accused of storming ahead on plans to impose strict restrictions on Indigenous welfare recipients, by way of a cashless welfare card.
The Australian Signals Directorate says cyber attacks on business and government increased by 20 per cent last year, and it appears firms are moving quickly to protect themselves.