Visa Faces ACCC Probe on Currency Conversion
The Australian Competition and Consumer Commission has alleged that Visa is limiting the availability of “dynamic currency conversion”..
Business
Sydney Airport Gets More Time for Master Plan
Transport Minister Anthony Albanese and the Sydney Airport have reached an agreement that requires the airport to submit its long-term..
Dell Nears $22B Buyout Deal
Dell is reportedly closer to sealing the deal of selling the company for more than US$23 billion ($22.1 billion). Silver Lake, an..
Apple, Google to Face Crackdown on Taxes
Tech giants may be forced to fess up and pay full taxes to the federal government. The latter is developing a plan to require global sites..
Telstra Payphones Get New Lease at Life
The life of Telstra payphones has been extended for another 20 years. The federal government has entered into a $40-million deal with..
Hotel Industry to Continue Growing
The growing trend in international and domestic tourism is giving the hotel industry a much-needed boost. As a result, hotel managements..
Manufacturing Index Declines, Demand Slows Down
The latest performance of manufacturing index (PMI) declined some 4.1 points to 40.2 in December. According to the Australian Industry..
NAB Extends Debt Facilities to Casella
National Australia Bank has extended a lifeline to struggling Casella Wines as negotiations continue between the family-owned winery and..
Consumers Cut Back on Debt
The latest Dun & Bradstreet Consumer Credit Expectation Survey showed that Aussie consumers are paying down their debts and are..
Yahoo Exceeds Expectations
There’s life ahead for Yahoo. The biggest US web portal has exceeded expectations as it reported increase in sales of US$1.2 billion for..
