Cash Converters hands back $23m
THE Federal Court has approved a $23m compensation payout by Cash Converters to more than 35,000 of its NSW loan customers.
CASH Converters will hand over $23 million in compensation to more than 35,000 customers who won a legal battle over hefty interest charges on personal loans.
THE Federal Court on Monday approved the payout following an in-principle settlement the company and its customers reached in June.
Bad news for home buyers after rate cut
The Australian housing market has surged to a new record on the back of interest rate cuts, completely reversing a soft start to the year.
Star Entertainment enters into trading halt
The embattled Star Entertainment Group has failed to lodge its half-yearly results with the ASX.
Millions of Aussies to get rate cut today
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.