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Showing 1 - 10 of 14 results for "Cardholder"

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
The 2025-26 Federal Budget revealed the Labor government's first deficit since taking power in 2022. Forecasts for the 2024-25 year were revised to show a $27.6 billion deficit, and forecasts show the deficit is expected to grow to $42.1 billion ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Support will be boosted for Australians facing acute and urgent financial pressures with $138 million to meet sustained high demand for crisis support including emergency relief, food relief and financial support services. Treasurer Jim Chalmers announced ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... interest charges and obfuscated the interest charging mechanisms within relevant credit card contracts which prevented the cardholder from being able to understand the interest consequences of not paying off the entirety of their closing balance. Phi ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
... attempts than other nations. "All regions of the world reported an increase in cyber-attacks, scams, identity theft and 'Cardholder Not Present' (CNP) frauds. This is set in the context of a changing global banking landscape, where branch networks are ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
Class action proceedings have been filed against NAB and MLC for the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege ...

Cards for houses

BENJAMIN ONG  |  THURSDAY, 26 AUG 2010
Houses continue to burn in America. Yes Virgie, we learned yesterday that no one wanted to buy old houses (existing homes) in the States after the government stopped giving would-be homeowners free money. Last night, we found out that neither were they ...

AMP Banking taps Cuscal ATM network

MICHELLE BALTAZAR  |  FRIDAY, 23 JAN 2009
... transaction. This direct charge applies to cardholders who use ATMs not owned by their card issuer. For example, a non-Westpac cardholder using a Westpac ATM will pay a fee for using the ATM. The reforms have been introduced to increase transparency ...

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
New Zealand government-owned bank Kiwibank yesterday pleaded guilty to breaching the Fair Trading Act while a banking group recently appointed as a KiwiSaver default fund is also under investigation. The case concerns banks which failed to properly ...

Plastic debt to reach $48 billion

Consumer borrowing through credit card is predicted to reach just under $48 billion by 2009 prompting calls for tighter government regulation to curb potentially unsustainable borrowing. The inaugural research on credit card debt conducted by market ...
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