Europcar swiped on card surcharges

The Federal Court has ordered CLA Trading Pty Ltd (trading as Europcar) to pay A$350,000 in penalties for charging excessive credit and debit card payment surcharges. read more

N1 sells trail book

Finance broker and property services company N1 Holdings is funding growth in the business by selling its book of trail commissions. read more

Marginal profit lifts Bendigo

Remediation and redundancy costs messed with the full year profit of Bendigo and Adelaide Bank, a result warmly received by the equity market all the same. read more

One fifth of deposits 'no interest'

Banks are making mischief with deposit rates to protect their interest margins, but must be running out of options if the latest RBA analysis is any guide. read more

Brief: Orr favours negative interest rates

RBNZ governor Adrian Orr, watching interest rates continue to fall, says a negative official cash rate would be more effective at boosting the economy than the RBNZ creating money to buy bonds or othe.. read more

CBA results at a glance

Commonwealth Bank reported a net profit of A$8.6 billion for the 2018/19 financial year - 8 per cent down on the 2017/18 result. read more