Tech giants claim banks should be on the hook for scam refunds
Tech giants and banks are at loggerheads over planned anti-scam laws, which could result in hefty fines for banks, mobile networks and social media firms.
- by Sumeyya Ilanbey
Latest
Victorians with rooftop solar will get virtually nothing for feeding power to the grid
A glut of energy during the day and rapid uptake of rooftop solar has prompted the Essential Services Commission to propose slashing the feed-in tariff.
- by Sumeyya Ilanbey
Hospital carve-up completed, new health networks unveiled
The Allan government is creating 12 new networks – each designed to service at least 200,000 people – after consulting hospitals, doctors and councils opposed to the original plan.
- by Henrietta Cook and Sumeyya Ilanbey
Updated
Markets Live
ASX moves higher, led by rally in technology stocks
The Australian sharemarket has advanced, after sharp gains in tech stocks offset losses from miners and utilities.
- by Sumeyya Ilanbey
Rex’s desperate hunt for $10 million before airline’s collapse
New documents show former executive chairman Lim Kim Hai described the airline’s sales as “bewilderingly bad” less than two months after Rex said it expected to make a profit.
- by Sumeyya Ilanbey
Housing crisis the top social issue keeping bosses up at night
A survey of more than 300 C-suite executives and board members has underlined their concern over the lack of progress on housing affordability.
- by Sumeyya Ilanbey
Exclusive
Superannuation
Messages show how powerful union slugged workers’ retirement savings
When a $2.4 million contract between the CFMEU and industry fund First Super was up for renewal, a long-serving union secretary allegedly saw a profitable opportunity.
- by Sumeyya Ilanbey
Woolworths reverses decision on celebrating Australia Day
Woolworths said it had listened to community feedback and “recognised” its customers and employees wanted the supermarket chain to celebrate January 26.
- by Sumeyya Ilanbey
Updated
Markets Live
ASX comes out swinging after two-day Christmas break
Bargain-hunting shoppers have helped the Australian sharemarket rally on the first day of trade after the Christmas break, with the index on track to add almost 10 per cent this year.
- by Sumeyya Ilanbey
Why big banks will have a target on their back next year
Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.
- by Sumeyya Ilanbey
Activists keep pressure on big banks despite $10b cut in fossil fuel lending
An analysis of banks’ environmental, social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.
- by Sumeyya Ilanbey
Original URL: https://www.theage.com.au/by/sumeyya-ilanbey-h17jxd