Reserve Bank reveals blueprint to axe card surcharges
RESERVE BANK OF AUSTRALIA’S PROPOSED SURCHARGES BAN *The Reserve Bank of Australia has proposed removing surcharges on EFTPOS, Mastercard and Visa card transactions, which it says will save consumers $1.2…
‘Relationship has recovered’: smiling Xi hosts Albanese
Chinese President Xi Jinping has hailed improved relations with Australia as he met with Prime Minister Anthony Albanese in Beijing. Mr Xi was all smiles as he greeted his Australian…
Consumer win in card surcharge cut as business bristles
Removing surcharges fees on debit and credit card transactions could save consumers more than $1 billion, but small businesses say the changes will just hide the costs in increased prices.…
Last-ditch bid in knife-edge seat might not change fate
The Liberals have launched a last-ditch attempt to overturn one of the federal election’s tightest results, but they might not have a leg to stand on. One week before the…
Mum shows up for cop son as double-murder case delayed
The mother of a former police officer accused of murdering two men with his service weapon has attended court as her son’s case faces further delays. Beaumont Lamarre-Condon has been…
China’s Q2 GDP growth of 5.2 per cent tops forecast
China’s economy has grown at a slightly faster pace than expected in the second quarter, showing resilience in the face of US tariffs, though analysts warn of intensifying headwinds that…
Tomato tariff: US slaps 17 per cent on Mexican imports
The US government says it is placing a 17 per cent duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. The US Commerce…
Ditching surcharge fees would save consumers $1.2b: RBA
Australia’s central bank wants to remove surcharge fees on both debit and credit cards in a move it expects would save consumer more than $1 billion. The Reserve Bank of…
Albanese weighs business and security ahead of Xi talks
Political differences will bump up against economic opportunities as Prime Minister Anthony Albanese meets his Chinese counterparts in the imposing Great Hall of the People in Beijing. Tuesday’s bilateral meetings…
Starbucks calls remote workers back into the office
Starbucks is requiring some remote workers to return to its headquarters and increasing the number of days that corporate employees are required to work in an office. In a letter…