Banks to pay $60m to ripped-off customers
Major banks have been caught charging vulnerable customers thousands in unnecessary fees, with one of the big four set to pay nearly $50m.
Companies
‘Dog’s breakfast’: Karl pans US beef deal
Claims about Donald Trump’s involvement in Australia’s US beef deal have sparked criticism, with Karl Stefanovic labelling the arrangement a “dog’s breakfast”.
Virgin 737 torn open in Melbourne Airport crash
A Virgin Australia 737 aircraft has been torn open after it detached from a tug vehicle causing a collision at Melbourne Airport.
Australia, how can you sleep at night?
The childcare sector in Australia is in “crisis” but these high-profile cases are evidence of something much more concerning.
More Stories
‘Without it, town’s gone’: Job bloodbath looms
About 17,000 jobs are in jeopardy as Swiss miner Glencore reveals it is considering shutting down two operations.
ASX jumps as Trump talks trade deals
Investors buy up Australia’s major miners and energy producers after the US and Japan announced a trade deal, pushing up the ASX on Wednesday.
1000 jobs slashed in huge Aussie restructure
Almost 1000 staff will be slashed from one state’s transport authority in a massive restructure.
ASX hits 3-day high led by miners, resurgent banks
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
Virgin tweaks power bank policy after mid-air fire
A mid-air fire on a Virgin Australia flight has prompted an update to the airline’s policy on the carriage of power banks, to ensure they are in view at all times.
Qantas refund class action delayed amid document search
A class action against Qantas over its handling of Covid-19 travel credits will focus on what call centre staff were told to tell customers about their refund entitlements.
ASX ends flat amid banks/miners switch; RBA keeps rate cuts in the frame
CBA leads bank losses, offset by gains in miners and CSL. RBA lowers chance of ‘severe’ hit to economy. Insignia’s relief rally as CC Capital’s lower-than-expected $4.80 per share offer lands.
Family of slain millionaire makes brutal call
The wealthy family of a slain businessman has been forced to make a “tough call” on their future, and they’ve done it with “heavy hearts”.
Qantas sets up secret line to hackers
Qantas has been forced to set up its own version of the bat signal to serve papers on the cyber criminal behind an unnerving database hack.
Qantas reclaims punctuality crown from Virgin
Qantas has outperformed Virgin Australia for the first time this year in June, to be the most punctual airline, as partner Jetstar clocked the least cancellations.
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