NAB is the latest bank to confirm it is joining the cull, after ANZ revealed it was slashing 3500 jobs and 1000 contractors but this is only the...

The bank's Australian parent announced a major restructure on Tuesday, which would see about 3500 employees losing their jobs by September next year.

Bendigo Bank will axe 145 technology jobs, impacting hundreds more workers, as Australian banks continue their wave of redundancies.

Bendigo Bank will axe 145 technology jobs, impacting hundreds more workers, as Australian banks continue their wave of redundancies.

Increasing redundancies are driving the trend...

Increasing redundancies are driving the trend...

Banking giant ANZ will be taken to the Fair Work Commission by the union over plans to cut 4500 jobs over the next 12 months.

The bank, which is going through a period of major change, said the cuts were aimed at simplifying the bank and focusing on its key priorities.

The bank, which is going through a period of major change, said the cuts were aimed at simplifying the bank and focusing on its key priorities.

Union accuses banks of 'betraying' staff.