Telstra, Optus and TPG kept overcharging for NBN plans after they were exposed for over-egging internet speeds, despite promising refunds for Australians affected by the dodgy deals, a new court case has alleged.
The Australian Competition and Consumer Commission (ACCC)...
Now that the proceedings of the national cabinet can’t be kept secret, it will presumably be shut down.
That would be a great pity. It’s one of the few good things to come out of this horrible pandemic: If used...
As the truth about our COVID future leaks out, the likelihood of another golden economic bounce back recedes.
The wave of optimism that swept up consumers after last year’s big lockdowns won’t be as strong.
Too many will realise it’s not...
As Melbourne and Brisbane plunged into lockdown this week, new waves of panic buying began at Woolworths and Coles supermarkets.
It happens every time a lockdown is declared – Australians, hit with news they’ll be forced to stay at home...
Thousands of recently locked-down Australians have deferred repayments of their mortgages or business loans, new data reveals.
More than 20,000 have received hardship assistance during the recent lockdowns, according to the Australian Banking Association.
Some 14,500 have deferred mortgage repayments since...
The modelling from the Doherty Institute released this week makes it clear there will be no escape from COVID-19.
There has still been no clear statement from any political or medical leader about whether the Australian plan is to try...
Workers are being slugged with tax bills after receiving the federal government’s COVID-19 crisis payments last financial year.
The payments were introduced to help people survive the crippling lockdowns that left hundreds of thousands without work and with little prospect...
Afterpay is being bought by Twitter founder Jack Dorsey’s payment firm Square in a $39 billion deal – the largest merger in Australian history.
Unveiled on Monday, the blockbuster deal will integrate Afterpay into Square’s network of banking, payment and...
Australian buy-now-pay-later group Afterpay will merge with US digital payments giant Square in a deal worth $39 billion.
The pair have entered into a scheme implementation deed under which Square will acquire all of the issued shares in Afterpay.
The transaction...
Compared to just a month earlier, Philip Lowe and his Reserve Bank board members will sit down to a markedly different set of circumstances when they meet on Tuesday.
Back in early July, Governor Lowe was lauding the economy for...