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
Why unemployment may stop rate cut
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
Why your living standards will fall by $75k
A major bank has sounded the alarm on Australia’s living standards as it says the “Lucky Country’s” good fortune is running out.
Virgin cabin crew take filthy hotel complaint to Fair Work
Flight attendants have escalated their dispute with Virgin Australia over the conditions they are forced to sleep and eat in at the airline’s Perth layover hotel.
Qatar victims win right to sue over invasive internal searches
Australian women subjected to invasive examinations at Hamad International Airport have won the right to sue Qatar Airways in a landmark court victory.
ASX down slightly; Macquarie, Bapcor disappoint
Macquarie quarterly profit falls, CFO flags exit. RBA governor cautions on speed of inflation fall. Bapcor sinks on profit warning, board exodus.
Questions as ATO wipes former PM’s $1m bill
The ATO is under pressure to explain why it wrote off almost $1 million in interest and late penalties owed by one of Paul Keating’s companies.
‘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.
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