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Technology News

Foxtel and the pricey Presto ploy

After recently halving the price of its online entertainment service, Presto, to just $9.99 per month, Foxtel is being accused of price-gouging customers from the start of this service.

News

Credit card late fee class action

Law firm Maurice Blackburn will today lodge an open class action lawsuit against ANZ, Citibank and Westpac over credit card late fees with lawsuits against NAB, American Express and the Commonwealth Bank expected to follow.

News

ANZ late fees are ruled unlawful

ANZ bank late fees on credit cards do not reflect the true cost to the bank.

$4.6 billion NBN blowout

The Federal Government owned NBN Co yesterday announced that the National Broadband Network (NBN) project will cost an additional $4.6 billion to build and operate than expected.

Call to cut rates

Today the board of the Reserve Bank of Australia (RBA) will meet for the first time this year. One of the decisions it is tasked with is to set the official cash rate. This should determine the rate which banks charge customers for lending money on credit cards, mortgages and personal loans.

Banking & Investment

It’s your money, get it back

It’s not too late to join the class action against the big banks which have been unfairly charging their customers fees for going overdrawn, late payments or dishonoured cheques. 247,955 people think they have a claim. Could you benefit from this action?

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