Telstra takes swipe at Vodafone, urges shareholders to protest domestic roaming changes
Telstra chairman John Mullen has taken a swipe at rival Vodafone, saying it is seeking a "cheap ride" with its push for other telcos' customers to use Telstra's mobile network in regional areas. Speaking at the telecommunications group's annual general meeting in Sydney on Tuesday, Mr Mullen said an Australian Competition and Consumer Commission's inquiry into domestic roaming, launched last month, posed a threat to shareholder value and urged investors to make their concerns known to the regul..>> view originalUS Fed Charles Evans a 'student of 70s hyperinflation' says world has changed
US Federal Reserve Bank of Chicago president Charles Evans: "The world has changed." Louie Douvis One of the Federal Reserve's more dovish policy makers, Charles Evans, accepts that a rate hike in December would be "reasonable" but believes the US economy needs monetary stimulus for longer to make sure inflation goes up.In an exclusive and wide-ranging interview with The Australian Financial Review during his two week visit to Australia and New..>> view originalNSW Premier Mike Baird admits he 'got it wrong' after backflip on greyhound racing ban
NSW Premier Mike Baird admits he 'got it wrong' after backflip on greyhound racing ban Updated October 11, 2016 19:33:12 New South Wales Premier Mike Baird says he ditched a ban on greyhounds because he "got it wrong" and believes the majority of the community wants the industry to have a second chance. Key points:$1,500 bond for every dog bred, breeding to be capped to 2,000 and number of tracks reducedTough penalties will be introduced and increased funding for rehom..>> view originalMid 40s: This is the age you need to own a home by in Australia
Buying a house is not easy in Australia. Our property is extremely expensive even outside of the major cities like Sydney and Melbourne. Just saving for the deposit is hard enough.And now a report has come out of Swinburne University causing further stress for those looking down the barrel at 40 and still renting.According to the study, Security in retirement: the impact of housing and key critical life events, conducted by Swinburne University, if you haven’t accumulated the savings by 45 to bu..>> view originalChinese demand for Australian property holding up: HSBC
Demand for loans from Chinese investors in Australian real estate is holding up, says Asia-focused bank HSBC, despite the local banks clamping down on foreigner property buyers.Chinese buyers of Australian property have surged in recent years, investment approvals show, such that an abrupt slowdown in demand from China is now seen as a potential risk to house prices in some markets, especially inner-city apartments in Sydney and Melbourne. More Property Videos Previous slide Next ..>> view originalTreasurer angry at BP's Bight pull-out
NAB reviews systems after third outage
Australian Associated PressNational Australia Bank is conducting what it calls a thorough review of its systems after a third outage in a week left customers unable to use internet and mobile banking.The lender, whose ATMs, payments and online and mobile banking services had already suffered across two previous incidents, had to apologise again to customers on Tuesday.Customers were unable to make some payments or access their accounts remotely for several hours.Systems were restored by 1350 AED..>> view original3 cheap dividend shares to smash Transurban Group
With interest rates at record low levels and looking as though they could yet drop lower, income investors have been piling into popular dividend shares such as Sydney Airport Holdings Ltd (ASX: SYD) and Transurban Group (ASX: TCL). Unfortunately this ...>> view originalTwo hundred jobs as coal mine reopens
Consumer groups slam new life insurance code
Consumer groups and insurance lawyers have criticised a new life insurance code of conduct, saying it fails to protect people from unethical behaviour and only covers a fraction of the industry. The code, released by industry group the Financial Services Council, does not cover people with life insurance policies held through their super fund, about 70 per cent of policyholders. More Business Videos Previous slide Next slide 'It felt like a pitch fork in my chest' ..>> view original
Sunday, October 16, 2016
Telstra takes swipe at Vodafone, urges shareholders to protest domestic roaming changes and other top stories.
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