Did the RBA interchange fee cap just slash the value of your rewards credit card? Find out here.Did the RBA interchange fee cap just slash the value of your rewards credit card? Find out here. Friday 27 May 2016 Article by Roisin Kelly-Goldsmith A lower cap on interchange fees charged between banks to a credit card maximum of 0.8% is expected to shake up the rewards landscape for cardholders in Australia. The RBA announced yesterday its reform would bridge the gap between what debit and credit cardholders pay per transaction. “The existence of significant credit card rewards programs ..>> view original
The Murray Goulburn Milk Saga ExplainedThe history of the dairy cooperative Murray Goulburn and its farmer suppliers shows how a close relationship of trust has developed and been broken with the collapse of the farmgate milk price. Roots of the current crisis can be traced all the way back to the deregulation of the dairy industry at the start of the century. Murray Goulburn was founded in Victoria in 1950 and grew steadily over the next two decades to become the nation’s largest dairy company by 1973. In its 2015 annual report it ..>> view original
Banks profit growth to slow: Fitch RatingsThe big four's profit growth will be soft, says Fitch Ratings. Photo: Paul Rovere The big banks' profit growth will be dampened further as more customers fail to repay loans, lenders compete fiercely for new business, and credit growth stays relatively soft, Fitch Ratings says in a new report.Commonwealth Bank, Westpac, National Australia Bank and ANZ also face rising risks from record high household debt levels as a result of the housing boom, but these thre..>> view original
Former Perth bank worker misleads clientsFormer Perth bank worker misleads clients>> view original
Swimming pool proposal for Melbourne's Yarra RiverKIM LANDERS: The murky waters of Melbourne's Yarra River are usually only swum in by tourists, and the occasional tennis champion. But people may soon be able to swim in a floating pool. The idea is popular in Europe, but could it work in the Victorian capital? Tom Nightingale reports.(Sounds from Melbourne)TOM NIGHTINGALE: It's a typically brisk autumn morning in Melbourne and keen rowers are working hard on the city's Yarra River.But they could soon share the water with swimmers in a floati..>> view original
Richard Branson: Best businesses are born out of frustrationRichard Branson was in Sydney at the World Business Forum this week talking about risk, leadership and ribbing the competition. Here’s a few old-school lessons from Branson on building brands and business. Richard Branson is arguably one of the greatest brand builders of all time. The Virgin brand began as a magazine and built into a far reaching and globally recognised brand with an airline, telco, a record label, a chain of fitness gyms, music festivals, and reaching into space with Virgin Ga..>> view original
BHP tunes up Olympic Dam guitar but timing slightly offOlympic Dam asset president Jacqui McGill (at rear) inside the cab of a Jumbo driller about 440m underground at BHP Billiton's Olympic Dam mine, 570km north of Adelaide. The drill operator is Tony Richter. Photo: Aaron Bunch BHP Billiton will take another three years before deciding if heap leaching technology will ultimately allow a big expansion of the Olympic Dam copper and uranium mine, as it first pursues a more sedate underground mining push into the ..>> view original
|Airlines schedule more flights to Cairns to meet demand .||Cairns Regional Council to embark on extensive consultation plan .|
|Cairns man charged with child porn offences .||US lifts arms embargo on Vietnam .|
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